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1 closed economy
Англо-русский словарь промышленной и научной лексики > closed economy
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2 closed economy
Econan economic system in which little or no external trade takes place -
3 Economy
Portugal's economy, under the influence of the European Economic Community (EEC), and later with the assistance of the European Union (EU), grew rapidly in 1985-86; through 1992, the average annual growth was 4-5 percent. While such growth rates did not last into the late 1990s, portions of Portugal's society achieved unprecedented prosperity, although poverty remained entrenched. It is important, however, to place this current growth, which includes some not altogether desirable developments, in historical perspective. On at least three occasions in this century, Portugal's economy has experienced severe dislocation and instability: during the turbulent First Republic (1911-25); during the Estado Novo, when the world Depression came into play (1930-39); and during the aftermath of the Revolution of 25 April, 1974. At other periods, and even during the Estado Novo, there were eras of relatively steady growth and development, despite the fact that Portugal's weak economy lagged behind industrialized Western Europe's economies, perhaps more than Prime Minister Antônio de Oliveira Salazar wished to admit to the public or to foreigners.For a number of reasons, Portugal's backward economy underwent considerable growth and development following the beginning of the colonial wars in Africa in early 1961. Recent research findings suggest that, contrary to the "stagnation thesis" that states that the Estado Novo economy during the last 14 years of its existence experienced little or no growth, there were important changes, policy shifts, structural evolution, and impressive growth rates. In fact, the average annual gross domestic product (GDP) growth rate (1961-74) was about 7 percent. The war in Africa was one significant factor in the post-1961 economic changes. The new costs of finance and spending on the military and police actions in the African and Asian empires in 1961 and thereafter forced changes in economic policy.Starting in 1963-64, the relatively closed economy was opened up to foreign investment, and Lisbon began to use deficit financing and more borrowing at home and abroad. Increased foreign investment, residence, and technical and military assistance also had effects on economic growth and development. Salazar's government moved toward greater trade and integration with various international bodies by signing agreements with the European Free Trade Association and several international finance groups. New multinational corporations began to operate in the country, along with foreign-based banks. Meanwhile, foreign tourism increased massively from the early 1960s on, and the tourism industry experienced unprecedented expansion. By 1973-74, Portugal received more than 8 million tourists annually for the first time.Under Prime Minister Marcello Caetano, other important economic changes occurred. High annual economic growth rates continued until the world energy crisis inflation and a recession hit Portugal in 1973. Caetano's system, through new development plans, modernized aspects of the agricultural, industrial, and service sectors and linked reform in education with plans for social change. It also introduced cadres of forward-looking technocrats at various levels. The general motto of Caetano's version of the Estado Novo was "Evolution with Continuity," but he was unable to solve the key problems, which were more political and social than economic. As the boom period went "bust" in 1973-74, and growth slowed greatly, it became clear that Caetano and his governing circle had no way out of the African wars and could find no easy compromise solution to the need to democratize Portugal's restive society. The economic background of the Revolution of 25 April 1974 was a severe energy shortage caused by the world energy crisis and Arab oil boycott, as well as high general inflation, increasing debts from the African wars, and a weakening currency. While the regime prescribed greater Portuguese investment in Africa, in fact Portuguese businesses were increasingly investing outside of the escudo area in Western Europe and the United States.During the two years of political and social turmoil following the Revolution of 25 April 1974, the economy weakened. Production, income, reserves, and annual growth fell drastically during 1974-76. Amidst labor-management conflict, there was a burst of strikes, and income and productivity plummeted. Ironically, one factor that cushioned the economic impact of the revolution was the significant gold reserve supply that the Estado Novo had accumulated, principally during Salazar's years. Another factor was emigration from Portugal and the former colonies in Africa, which to a degree reduced pressures for employment. The sudden infusion of more than 600,000 refugees from Africa did increase the unemployment rate, which in 1975 was 10-15 percent. But, by 1990, the unemployment rate was down to about 5-6 percent.After 1985, Portugal's economy experienced high growth rates again, which averaged 4-5 percent through 1992. Substantial economic assistance from the EEC and individual countries such as the United States, as well as the political stability and administrative continuity that derived from majority Social Democratic Party (PSD) governments starting in mid-1987, supported new growth and development in the EEC's second poorest country. With rapid infrastruc-tural change and some unregulated development, Portugal's leaders harbored a justifiable concern that a fragile environment and ecology were under new, unacceptable pressures. Among other improvements in the standard of living since 1974 was an increase in per capita income. By 1991, the average minimum monthly wage was about 40,000 escudos, and per capita income was about $5,000 per annum. By the end of the 20th century, despite continuing poverty at several levels in Portugal, Portugal's economy had made significant progress. In the space of 15 years, Portugal had halved the large gap in living standards between itself and the remainder of the EU. For example, when Portugal joined the EU in 1986, its GDP, in terms of purchasing power-parity, was only 53 percent of the EU average. By 2000, Portugal's GDP had reached 75 percent of the EU average, a considerable achievement. Whether Portugal could narrow this gap even further in a reasonable amount of time remained a sensitive question in Lisbon. Besides structural poverty and the fact that, in 2006, the EU largesse in structural funds (loans and grants) virtually ceased, a major challenge for Portugal's economy will be to reduce the size of the public sector (about 50 percent of GDP is in the central government) to increase productivity, attract outside investment, and diversify the economy. For Portugal's economic planners, the 21st century promises to be challenging. -
4 משק סגור
closed economy -
5 изолированная экономика
Русско-английский политический словарь > изолированная экономика
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6 lukket økonomi
closed economy -
7 закрита економіка
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8 economía cerrada
• closed economy -
9 sulkeistalous
• closed economy -
10 закрытая экономика
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11 autochtone Wirtschaft
Deutsch-Englisch Wörterbuch für Geographie > autochtone Wirtschaft
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12 autarquía económica
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13 economía cerrada
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14 autarcie economique
Dictionnaire français-anglais de géographie > autarcie economique
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15 économie fermée
Dictionnaire français-anglais de géographie > économie fermée
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16 закрытая экономика
Русско-английский географический словарь > закрытая экономика
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17 автаркическая экономия
Русско-английский словарь по общей лексике > автаркическая экономия
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18 chiuso
"closed;Zu / Geschlossen"* * *1. past part vedere chiudere2. adj closed, shuta chiave locked( nuvoloso) cloudy, overcastpersona reserved* * *chiuso agg.1 closed, shut: chiuso a chiave, locked; i negozi sono chiusi la domenica, shops are closed on Sundays; restò chiuso in casa a studiare, he remained shut up in his house to study; indossava un abito chiuso sino al collo, she wore a dress closed (o buttoned up) to the neck // a occhi chiusi, (fig.) ( sconsideratamente) blindly; ( con fiducia) blindly (o with total confidence) // avere il naso chiuso per il raffreddore, to have one's nose blocked // (dir.) a porte chiuse, in camera // mente chiusa, narrow mind // cielo chiuso, overcast sky // trotto chiuso, quick trot // (fon.) vocale chiusa, closed vowel // capitolo chiuso, non ne parliamo più!, it's over and done with; let's not talk any more about it! // numero chiuso, fixed number (o numerus clausus) // casa chiusa, brothel // (econ.): mercato chiuso, closed market; economia chiusa, closed economy2 ( circondato, racchiuso) enclosed, narrow: spazio chiuso, enclosed space // mare chiuso, inland sea◆ s.m.2 ( aria stagnante) stale air, stuffy air; stale smell, stuffy smell: c'è odore di chiuso qui dentro!, there's a stale smell in here!* * *['kjuso] chiuso (-a)1. ppSee:2. agg1) (porta) shut, closed, (a chiave) locked, (senza uscita: strada, corridoio) blocked off, (rubinetto) off"chiuso al pubblico" — "no admittance to the public"
3) (concluso: discussione, seduta) finished, (iscrizione, lista) closed3. smstare al chiuso fig — to be shut up
* * *['kjuso] 1.participio passato chiudere2.1) [porta, libro, bocca] closed, shut; (a chiave) locked; [ ferita] closed, healed"chiuso al pubblico" — "closed to the public"
avere il naso chiuso — to have a stuffy nose, to have the sniffles
2) (ottuso) [ mentalità] closed; (riservato) [persona, carattere] buttoned up, reserved3) (ristretto) [circolo, club] exclusive; [ mercato] closednumero chiuso — fixed number, restricted entry; univ. numerus clausus
4) (concluso)il caso è chiuso — dir. the case is closed (anche fig.)
5) (accollato) [ abito] high-necked3.sostantivo maschileal chiuso — [sport, attività] indoor
odore di chiuso — musty o stuffy smell
••tenere la bocca -a — to hold one's tongue, to keep one's mouth shut
* * *chiuso/'kjuso/→ chiudereII aggettivo1 [porta, libro, bocca] closed, shut; (a chiave) locked; [ ferita] closed, healed; "chiuso al pubblico" "closed to the public"; in busta -a sealed; avere il naso chiuso to have a stuffy nose, to have the sniffles; chiuso in casa housebound3 (ristretto) [circolo, club] exclusive; [ mercato] closed; un universo chiuso a closeted world; numero chiuso fixed number, restricted entry; univ. numerus clausus4 (concluso) la questione è -a! the matter is closed! that's the end of the matter! il caso è chiuso dir. the case is closed (anche fig.); capitolo chiuso it is over and done with5 (accollato) [ abito] high-neckedIII sostantivo m.tenere la bocca -a to hold one's tongue, to keep one's mouth shut; comprare a scatola -a to buy a pig in a poke. -
19 автаркическая экономия
Русско-английский синонимический словарь > автаркическая экономия
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20 экономика экономик·а
1) (народное хозяйство) economy, economicsвосстановить / оздоровить экономику — to stage an economic recovery
наносить урон / ущерб экономике, парализовать экономику — to cripple economy
оживить экономику — to animate / to revitalize the economy
подрывать / разрушать экономику — to erode the economy
военная — defence / military / war economy
вялая экономика, экономика низкой конъюнктуры — low pressure economy
денежная / монетарная экономика — monetary / money economy
дефицитная экономика — economy of scarcity, shortage economy
замкнутая / изолированная / обособленная экономика (не имеющая внешних связей) — closed economy
застойная экономика — sick / stagnant economy
индустриальная / промышленно развитая экономика — industrial economy
мировая экономика, экономика мирового хозяйства — international / world economy / economics
многоотраслевая экономика — diversified / multi-branch economy
плановая экономика — plan-based / planned economy, planned economics
развивающаяся экономика — developing / expanding economy
развитая экономика — advanced / developed economy
рыночная экономика, экономика, ориентирующаяся на развитие рыночных связей — market-oriented / exchange economy, market system
слабая / больная экономика — ailing economy
стабильная / устойчивая экономика — stationary / steady-state economy
взаимозависимость / взаимосвязь экономик различных стран — interdependence of economies
вопросы экономики — economic problems / questions
замедление / спад темпов роста экономики — slackening in the rate of economic growth
кооперативный сектор экономики — economy's cooperative sector, cooperative sector of economy
оживление экономики — revitalization of economy, revival in the economy
подрыв / разрушение экономики — erosion of economy
руководство / управление экономикой — economic management
спад в экономике — slowing / slackening of the economy
функционирование экономики — economic performance, operation of economy
экономика высокой конъюнктуры / "высокого давления" — high pressure economy
экономика, испытывающая затруднения — faltering economy
экономика сельского хозяйства — rural / farm economy / economics
экономика страны — national economy, national economic enterprise
2) (научная дисциплина) economicsRussian-english dctionary of diplomacy > экономика экономик·а
См. также в других словарях:
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closed economy — closed e conomy n [C, usually singular] a country that does not trade with any other countries … Dictionary of contemporary English
closed economy — A theoretical model of an economy that neither imports nor exports and is therefore independent of economic factors in the outside world. No such economy exists, although the foreign sector of the US economy is relatively small and most economic… … Big dictionary of business and management
closed economy — /kləυzd ɪ kɒnəmi/ noun a type of economy where trade and financial dealings are tightly controlled by the government … Dictionary of banking and finance
closed economy — economic system which does not carry out trade with other systems … English contemporary dictionary
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