Words in context_The economy

economic growth

income

economist

living standard

demand

consumption

to maintain sth

to encourage consumer spending

interest rate

to increase supply

raw material

personnel

to manufacture

to follow a cyclical pattern

decrease

manufacturing

slump

efficient

transport

skilled labour

debt(s)

financial crisis

to go bankrupt

to bail sb out

housing bubble

to play a (significant) role in sth

globalization

the interweaving of sth

to interweave sth

to shrink sth

production costs

merger

economic tie

phenomenon

supporter

to promote sth

competition

protectionist barriers against imports

to remove sth

to raise sth

purchasing power

spread

gain

to be at the expense of sth/ sb

to aim to do sth

profit

in turn

to relocate sth to a different place

to protect sb from sth

to estimate that...

to traffic in sth

in the sex trade

to underestimate sth

fragility

to benefit sb

to deal with sth

global trade

to promote sth

to negotiate sth

to settle a dispute

to provide a grant

to be in transition

to borrow money (from sb)

to lend money (to sb)

trustworthy

on favourable terms

to vary

to go hungry

illiterate

source

mankind

to bridge a gap

debt relief

reduction

divide

to provide sth

fair trading conditions

to flood sth/ sb with sth

subsidized

to undercut sb's price

local

to force sb out of business

protective tariff

to award sb a prize

to found sth

small loan

majority

rural

abject poverty

summit

Head of State

to reduce of poverty

to meet a goal

enviromental regeneration

to eradicate sth

gender equality

to empower sb

mortality

enviromentsl sustainability

to lift sb/sth of sth

expanded opportunity

deadly

debilitating disease

devastating effect

volatility in sth

to mark the event

to appeal to sb

to meet a challenge

adequate

to guarantee sth

contradiction

lavish

advance

to spend money on sth

in the future

obligation