English lexicon for economics, politics and international relations

English lexicon for economics, politics and international relations

The lexicon for economics, politics and relations international relations is fundamental to understanding and discussing global affairs.

Here is some key vocabulary broken downso by context.

Lessico economico (economics)

These terms soare essential for analyzing markets, currencies, growth and crises.

TermTranslation / SignificatoContext of uso
Fiscal policyFiscal policy (taxes and public spending)The government announced a shift in fiscal policy to stimulate growth.
Monetary policyMonetary policy (interest rates and money supply)Central banks control monetary policy to manage inflation.
Inflation rateInflation TassoThe inflation rate has reached a ten-year high.
Gross Domestic Product (GDP)Gross Domestic Product (GDP)The country's GDP growth is projected to slow down.
RecessionRecessionThe global economy is facing a serious recession.
To privatizePrivatizeThe administration decided to privatize the state-owned industry.
DeregulationDeregulationCritics argue that financial deregulation led to the crisis.
SubsidiesSubsidies / GrantsAgricultural subsidies are a contentious issue in trade talks.
Trade deficitTrade deficitThe nation continues to run a substantial trade deficit with its neighbours.
Sovereign debtDebt sovranoConcerns over rising sovereign debt have rattled investors.

Lessico politico e governance (politics and governance)

Terms needed to discuss systems of government, laws, and decision-making.

TermTranslation / SignificatoContext of uso
To implementImplement / Put into actionThe new law will be implemented starting next quarter.
MandateMandate (authority given by voters)The government claims a strong mandate for its reforms.
BipartisanBipartisanThe bill passed with rare bipartisan support.
A loopholeA (legal) LoopholeThe company exploited a tax loophole to avoid paying duties.
Grassroots movementGrassroots/popular movementThe reforms were pushed by a grassroots movement.
AccountabilityResponsibility / AccountabilityThere is a growing demand for greater accountability from officials.
Veto powerVeto powerThe President threatened to use his veto power on the legislation.
Checks and balancesCounterweights and controls (division of powers)The system relies on checks and balances to prevent abuse of power.

Lessico per le relazioni internazionali (international relations)

These terms soare the basis for discussing diplomacy, conflict and global cooperation.

TermTranslation / SignificatoContext of uso
DiplomacyDiplomacyThe dispute must be solved through peaceful diplomacy.
SanctionsSanctions (economic or political)The UN imposed severe sanctions on the rogue state.
SovereigntySovereigntyRespecting national sovereignty is a key tenet of the treaty.
AllianceAllianceThe two nations signed a military alliance last year.
To ratifyRatificare (sign a agreement)It took months for all member states to ratify the treaty.
HegemonyHegemony (domination)The regional power seeks to establish hegemony over its neighbours.
ConveneConvene / GatherThe leaders agreed to convene an emergency summit.
Trade agreementAgreement commercialThey are negotiating a comprehensive trade agreement.
To mediateMediateThe organization was asked to mediate the peace talks.
GeopoliticsGeopoliticsThe decision was driven by complex geopolitics.

Frasi azionali e verbi (action verbs)

Verbs common to describe the actions of governments and organizations.

  • To implement (Implement)
  • To address (Deal/Manage)
  • To negotiate (Negotiate)
  • To commit to (Commit to)
  • To streamline (Simplificare / Rationalize)
  • To curb (Restrain / Contain, e.g. inflation)
  • To forge (Forge / Create, e.g. an alliance)

By mastering this vocabulary, you will be able to read reports, follow international news, and participate in political and economic discussions with great competence.

Leave a comment