BEN2 Units 42-47, 54-58, 60-62

BFH - FS16 - Betriebsökonomie 2. Semester

BFH - FS16 - Betriebsökonomie 2. Semester


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rural economy

 

U54

Agrarwirtschaft

an economy that is based on farming and not on industry

shipping costs

 

U54

Verstandkosten 

the costs involved in moving goods from one place to another

South 

 

U54

der Süden 

the developing countries of the world, most of which are below (unter) the equator

tariff

 

U54

Preisliste/Tarif

a tax on goods that come into a country

telecommunications costs

 

U54

Telekommunikationskosten

the costs of using telephones, radio and televiosn for sending information 

Third World

 

U54

Dritte Welt

countries with very little industry and where most people are very poor

trade liberalization 

 

U54

Liberalisierung des Handelns

the removal (Beseitigung) of obstacles (Hindernis) to international trade

West

 

U54

der Westen 

North America, those countries in Europe which did not have communist governments before the 1990's, and some other parts of the world

capital controls

 

U55

Kapitalverkehrskontrolle

instruments governments can use to control capital flows in and out of the country

capital flows

 

U55

Kapitalverkehr

the movements of invested money between countries

convertibility

 

U55

Veränderbarkeit

 

the fact of being able to be changed into a different form 

convertible

 

U55

veränderbar

able to be changed into a different form

cross-border capital flows

 

U55

grenzübergreifender Kapitalverkehr

money that flows between countries

dept burden

 

U55

Schulden/Belastung

an amount of dept owed by a company, country, etc.

debt forgiveness

 

U55

Schuld-Vergebung

when lenders agree that a debt does not need to be paid back

debt load

 

U55

Schuldlast

the amount of debt owed by a company, country, etc.  

debt reduction programme

 

U55

Schuldenabbauprogramm/Schuldenreduktionsprogramm

a plan of activities aimed at reducing the amount of money that someone owes

debt relief

 

U55

Entschuldung

when lenders agree that the full amount of a debt does not have to be paid back, or can be paid back later than originally agreed

debt rescheduling

 

U55

Umschuldung

when lenders agree for a debt to be repaid at a different time  

debt restructuring

 

U55

Umschuldung

when lenders agree for a debt to be repaid in a different way  

debt service

 

U55

Schuldendienst

the act of making repayments on a debt

devaluation

 

U55

Entwertung/Abwertung

when a currency (Währung) becomes less in value when compared to others

foreign direct investment (FDI)

 

U55

ausländische Direktinvestition

when companies put money into investment projects in other countries

foreign exchange crisis

 

U55

Fremdwährungskrise

a financial problem in which a country's money is worth (bewertet) less when compared with others

heavily Indepted Poor Countries (HIPCs)

 

U55

hochverschuldete arme Entwicklungsländer

a group of countries which are poor and owe a lot of money to other countries 

inflows

 

U55

Zufluss

amounts of money that are coming into a country

infrastructure project

 

U55

Infrastruktur-Projekt

a project such as building a road, creating water suppy, etc.

instability

 

U55

Unstabilität

uncertainty (Unsicherheit) cause by the possibility that something might change suddenly

International Monetary Fund (IMF)

 

U55

Internationaler Währungsfonds

an international organization that tries to manage the world's economy and help countries with weak (schwach) economies to grow stronger

liberalization

 

U55

Liberalisierung/Lockerung

to make laws, systems or attitudes less severe (streng)

 

Millennium Development Goals

 

U55

Milennium-Ausbauziel

a set of aims to help poor countries by increasing economic growth and giving people better living conditions

outflows

 

U55

Abgang/Abfluss

amounts of money that are going out of a country

poverty reduction

 

U55

Armutsbekämpfung

the act of making countries and their people less poor

repatriate

 

U55

Heimkehrer/Rückkehrer

to send money that you have earned in a foreign country back to your own country

stimulation of growth

 

U55

Wachstumsanregung/Wachstumsauftrieb

the process of encouraging an increase in business or in a country's economy 

unsustainable

 

U55

nicht aufrecht zu erhalten

something that is unsustainable cannot be continued

withdraw investment

 

U55

Investition zurückrufen

the removal (Entfernung) of money invested

World Bank

 

U55

Weltbank

an international financial institution that provides (bereitsstellen) loans to poorer countries for capital programs with the aim of reducing poverty (Armut)

bloc

 

U56

Handelsblock

a group of countries who agree to abolish (aufheben) barriers between their member countries (Mitgliedsländer)

co-operative

 

U56

Genossenschaft

an organization that is owned by all the people who work for it