BEW2
Vocabulary Units 42- 47 / 54-58 / 60-62
Vocabulary Units 42- 47 / 54-58 / 60-62
Set of flashcards Details
| Flashcards | 188 |
|---|---|
| Students | 12 |
| Language | Deutsch |
| Category | Micro-Economics |
| Level | University |
| Created / Updated | 20.10.2015 / 10.12.2017 |
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corss-border capital flows
grenzüberschreitend Kapitalfluss
Capital flows = inflows and outflows
repatriate
in die Heimat zurücksenden
withdraw
zurückziehen, zurücktreten
liberalization
a global trend
Liberalisierung
foreign exchange crisis
Wechselnkruskrise
its currency becomes worth less in term of others.
infrastructure projects
road building, water supply systems, etc...
Heavily Indebted Poor Countries (HIPCs)
Arme schwer verschuldete Länder
Millenium development goals
specific targets relating to poverty (Armut) reduction and stimulation of growth in poorer countries.
debt load/ debt burden
an amount of debt owed by a company, country, etc. seen as a problem
debt service
making repayments on a debt
debt rescheduling
when lenders agree for a debt to be repaid at a different time
debt restructuring
when lenders agree for a debt to be reapid in a different way
debt relief
when lenders agree that debts do not have to be rapid in full, or can be repaid later than originally agreed.
debt forgiveness
when lenders agree that debt do not need to be repaid.
free trade areas or blocs such as
- EEA (European Economix Area) EU plus andere Länder
- NAFTA (North American Free Trade Area) - Canada, USA and Mexico
- GAFTA (Greater Arab Free Tarde Area)
- Mecosur - South America countries
dismantled
ablished = abgeschaft / abgebaut / aufgehoben
trade barriers include:
- tariff - taxes on imported goods
- quotas - limits on the number of goods that can be imported
World Trade Organization (WTO)
is working to remove or dismantle trade barriers and to resolve trade disputes (disagreements about trade).
open up their markets
Markteröffnung
dumping their steel
selling it for less than it costs to produce.
commodites
Agrarrohstoffe
smallholders
small farmers
co-operatives
organizations jointly owed by them
middlemen
Zwischenhändler
Overproduction
causing a glut (Flut / Überangebot)
economic foundation
wirtschaftliche Grundlage
emerging countries
Schwellenländer
trade surplus
when they export more than they import
foreign currency reserves
Fremdwährungsreserven
offshoring
Auslandverlagerung
hydrocarbons
oil and gas
demographics
population
declining birth rates
Geburtsraterückgang
ageing populations
Überalterung
Political maturity
efficient government
aid agencies
Aid = Hilfe
Hilfsorganisation
natural disaters such as :
Naturkatastrophe
- earthquakes - Erdbeben
- floods - Überschwemmungen
- epidemics - widespread disease
famine
Hungersnot
crop failure
Missernte / Ernteausfall
emergency relief
Nothilfe
