global economic strategy
- noun
- Formal
- Many governments are rethinking their global economic strategy in response to recent financial crises.
Examples
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China's global economic strategy includes investing heavily in international infrastructure projects.
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The global economic strategy aims to reduce poverty worldwide.
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A successful global economic strategy often relies on cooperation among major world economies.
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Many countries have adopted a global economic strategy to combat inflation.
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A successful global economic strategy often relies on cooperation among major world economies.
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China's global economic strategy includes investing heavily in international infrastructure projects.
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Many governments are rethinking their global economic strategy in response to recent financial crises.
Synonyms
A plan of actions to manage and improve a country's or company's economy
How Far-Reaching
- Formal
Surface Forms
Morphology
The meaning is transparently built from 'global' (worldwide) + 'economic' (relating to economics) + 'strategy' (a plan); together they directly indicate a plan for economic policy at a worldwide level. This is a regular noun-noun/adjective compound type found across languages, so a B1 learner who knows the constituents should be able to infer the overall meaning.
Etymology
Global economic strategy joins global, economic, and strategy. Picture leaders drawing a world map and placing coins and arrows to show where money and goods should flow. That's why it means 'a worldwide plan for managing money and trade'.