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economic policy

economic policy

49 3.7
A government's plan for taxes, public spending, and job growth
  • noun
  • /ˌiːkəˈnɑːmɪk ˈpɑːlɪsi/
translation icon : política económica
  • The government's economic policy aims to stimulate growth and create jobs.
  • government economic policy
  • implement economic policies
  • adopt economic policies

In reality, Wah advanced economic policies that bore little resemblance to Mao's agenda.

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Examples

  • But this economic policy comes with its controversies and problems.

  • Previously, they had been prime beneficiaries of government economic policies and authoritarian practices.

    Academic text (1990)
  • I do want to shift us to economic policy, though, specifically this initiative you started called Invest America, which we love.

  • In effect, in terms of their economic policy, governments must have perfect pitch.

    Academic text (1999)
  • People should know that the objective of our economic policy remains clear and our resolve remains firm.

  • In practice, it is difficult to coordinate economic policy among the Treasury, Congress, and the Federal Reserve.

    Academic text (1990)
  • Issues of strategic leverage and vulnerability now play a bigger role in economic policy discussions.

    Academic text (2008)
  • Sustained economic growth requires responsible economic policies and the ability to resist populist demands.

    Academic text (2013)
  • Ironically, some of these problems arise from the very success that Chile's economic policies have achieved so far.

    Academic text (1999)
  • He says, Andy, there is a major shift and evolution in economic policy of the United States that we've never seen before.

Synonyms

policy
vseconomic policy
2.7

A plan used by a government or organization to guide decisions

is focused on government plans that aim for growth, taxation, and financial control
economic strategy
vseconomic policy
3 4.0

A plan of actions to manage and improve a country's or company's economy

is set by government to steer growth, tax choices, and national finances

How Interventionist

economic policy
49 3.7
free market policy
  • Formal
1 4.1

Surface Forms

Morphology

economic + policy

The meaning is directly and compositionally derived from 'economic' (relating to the economy) modifying 'policy' (a plan or course of action), so a learner who knows both words can infer it refers to a plan about the economy. This modifier+noun structure is common cross-linguistically and follows standard English compounding patterns, making it readily understandable to a B1 learner.

Etymology

The compound economic policy comes from two simple ideas: economic is about managing money and resources like a household, and policy means a 'plan' or 'way of doing things'. So economic policy is the government's plan for how to run the country's money and economy.