International economics

International economics

International trade theories, policies, finances and their effects on economic activities.

Industry: Economy

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International economics

depression

Economy; International economics

A severe recession that lasts several years and/or involves a loss of real GDP of more than 10%. (There is no standard definition. )

derivative

Economy; International economics

1. In mathematics, the ratio of the change in a variable to the infinitessimal change in another variable upon which it depends. Often used in economics to specify both assumptions and results of ...

1. Depreciation. 2. A fall in the value of a currency that has been pegged, either because of an announced reduction in the par value of the currency with the peg continuing, or because the pegged ...

developed country

Economy; International economics

A country whose per capita income is high by world standards.

developing country

Economy; International economics

A country whose per capita income is low by world standards. Same as less developed country. As usually used, it does not necessarily connote that the country's income is rising.

development bank

Economy; International economics

A multilateral institution that provides financing for development needs of a regional group of countries. Examples include the African, Asian, and Inter-American Development Banks.