So the economy is going to be really bad for the incumbent.
We’ll come back to the pound and the UK economy in a moment.
Luxury travel spending is also a good sign for the economy overall.
Vietnam has moved away from having a centrally planned and subsidized economy.
When the economy tanks, more people enter the program, and spending increases.
A further 20% said the environment should be protected even if it harms the economy.
And now you need to transform this huge economy into a market economy.
I distinguish two such views: constitutional political economy and radical political economy.
It could be a managed transition from a carbon intensive economy to a carbon neutral economy.
Rob Burgess, of frequent flyer website headforpoints.com said: “Premium economy is not a half-way house between economy and business class.
China’s economy is reviving even as Europe’s downturn now appears significantly deeper than originally expected, and the American economy struggles.
Once onboard the aircraft, there's really no difference between a basic economy and regular economy flyers, though the buildup is usually the most stressful.
The organization predicted the world economy would contract by 3 percent in 2020, a reversal from its forecast early this year that the world economy would grow by 3.3 percent.
The Federal Reserve and Congress have helped stimulate the economy, giving investors confidence, but some analysts say the economy has to show more strength to keep the rally going.
…especially by the American theorist Immanuel Wallerstein, argues that there is but a single world economy, the capitalist world economy, which has been expanding since the 17th century.
Fiona Hyslop, the Scottish government’s economy secretary, said the country would benefit enormously once independence had time to bed in and its government had full control of its economy.
They believe their own efforts to curb China’s excessive lending, not the trade war, are holding the economy back, and if needed, they could suspend recent limits on debt to juice the economy again.
"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat, even though the additional spending is relatively small relative to the size of the economy," the former Fed chair said during The Atlantic's Future Economy Summit.
The concept of embeddedness was pioneered by Polanyi, whose lifelong study of the interlinkage between economy and society ranged from anthropological studies of small communities in the South Pacific to the political economy of the institutions regulating the global economy in the 19th century.
The International Air Transport Association (IATA) estimates that around 330,000 jobs and $1.2 billion are at stake in Ethiopia’s economy, around 190,000 jobs and $3.8 billion in South Africa’s economy, around 138,000 jobs and $1.1 billion to Kenya’s economy and 91,000 jobs in Nigeria with $650 million lost.
- the system of production and distribution and consumption
- the efficient use of resources
Example: economy of effort
- frugality in the expenditure of money or resources
Example: the Scots are famous for their economy
- an act of economizing; reduction in cost
Example: it was a small economy to walk to work every day
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