What is another word for political economy?

Pronunciation: [pəlˈɪtɪkə͡l ɪkˈɒnəmi] (IPA)

The term "political economy" refers to the intersection of politics and economics. There are several synonyms for the phrase, including "economic policy," "economical politics," "economic governance," "political economics," and "political and economic systems." Each of these phrases emphasizes the relationship between political power and economic decision-making. Additionally, other related terms include "public economics," "international political economy," and "development economics." These synonyms help to underscore the broad scope and interdisciplinary nature of political economy, which examines how institutions, incentives, and power dynamics shape economic outcomes and development. Whether discussing tax policy, trade agreements, or social welfare programs, a focus on political economy highlights the complex interactions between economic systems and political actors.

What are the hypernyms for Political economy?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Political economy

  • There are no doubts that, the situation in the country today, indicates that there is much more work to do in the process of reforming the political economy and improving the quality of life of our people and communities.
    Ibrahim Babangida
  • It's called political economy because it is has nothing to do with either politics or economy.
    Stephen Leacock
  • Not wishing to be disturbed over moral issues of the political economy, Americans cling to the notion that the government is a sort of automatic machine, regulated by the balancing of competing interests.
    C. Wright Mills
  • From my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
    Leland Stanford
  • Many writers upon the science of political economy have declared that it is the duty of a nation first to encourage the creation of wealth; and second, to direct and control its distribution. All such theories are delusive.
    Leland Stanford

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