The Hindu Editorial (The growth math) – Apr 06, 2023
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The Hindu Editorial (The growth math) – Apr 06, 2023:
- math (noun) – calculation; (estimation, projection).
- prospects (noun) – chances, possibilities, expectations, outlook, future.
- resurging (adjective) – rising again.
- tight money (noun) – the economic condition in which a restricted money supply makes credit difficult to secure/get/obtain. The opposite of tight money is easy money.
- dent (verb) – reduce, diminish, lessen, shrink.
- multilateral (adjective) – involving many different countries.
- scale down (verb) – reduce, decrease, lessen, lower.
- projection (noun) – prediction, indication, forecast, prognosis, speculation, calculation (of future events or trends).
- World Bank (noun) – The World Bank is an international development organization owned by 187 countries. Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people. The World Bank was established in 1944 to help rebuild Europe and Japan after World War II. Its official name was the International Bank for Reconstruction and Development (IBRD).
- pare (verb) – reduce, diminish, decrease.
- Gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
- flag (verb) – indicate, point out, identify; draw attention to something.
- downgrade (noun) – the reduction in status/rank/importance; demotion, degradation, relegation.
- resilient (adjective) – able to recover quickly from difficulties/problems, quick to bounce back; adaptable, flexible; strong, buoyant, adaptable, durable.
- consumption demand (noun) – the demand for goods and services by individuals and households in the economy.
- government consumption (noun) – The government consumption consists of government spending on goods, services, and investment.
- contract (verb) – decline, decrease, diminish, reduce.
- slip (verb) – slide, fall, drop, decrease, slump.
- Asian Development Bank (ADB) (noun) – The Asian Development Bank (ADB) envisions a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty in the region. Established in 1966, it is owned by 68 members-49 from the region.
- rebounding (adjective) – recovering, reviving, rallying.
- rebound (verb) – recover, revive, rally, bounce back, pick up, come back (in value of something after decline).
- aspiration (noun) – ambition, hope, goal.
- lift up (phrasal verb) – increase, raise.
- slash (verb) – reduce, lower, bring down.
- optimism (noun) – hopefulness, hope, confidence, positive attitude, buoyancy.
- reckon (verb) – forecast, predict, estimate, project, calculate.
- lead to (verb) – result in, cause, bring on, bring about, give rise to.
- fledgling (adjective) – emerging, beginning, developing, growing, rising, burgeoning; promising, potential, up-and-coming.
- of course (phrase) – certainly, obviously, to be sure, needless to say.
- cite (verb) – refer to, make reference to, mention, point to.
- exacerbate (verb) – intensify, heighten, increase; aggravate, worsen, make worse.
- spate (noun) – series, flurry; a large number of something (taking place at the same period).
- resurfacing (verb) – reappearing, reemerging, returning.
- head north (phrase) – fall, drop, reduce, decrease, decline, slide, slump (in value/quantity).
- in unison (phrase) – together, simultaneously/at the same time.
- articulate (verb) – communicate, express, voice, state, declare, pronounce, say, utter.
- Economic Survey (noun) – Economic Survey, presented in the Parliament ahead of the Union Budget, is the Ministry of Finance’s flagship document. The Economic Survey detailed information about the Indian economy over the past year. The Economic Survey also offers glimpses into the current state of the economy, and occasional insights into the economic outlook. Although the Constitution does not bind (impose a legal obligation on) the government to present the Economic Survey, over the years, it has become common practice for every government to present the Economic Survey before the Union Budget.
- peg (at) (verb) – fix, set, hold, limit (a price, rate, or amount) at a particular level.
- marginally (adverb) – slightly, somewhat, to some degree.
- picture (noun) – notion, idea, view; impression.
- quarter (noun) – a period of three months (considered as one-fourth of a year).
- spun past & past participle of spin (verb) – revolve, rotate, turn around.
- by then (phrase) – at a end of the specified time.
- the way the winds blow (phrase) – wait for more information and others’ opinions & actions before making decision.
- International Monetary Fund (IMF) (noun) – an international organization of 189 countries, headquartered in Washington, D.C., working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
- tune out (phrasal verb) – stop paying attention to something; neglect, omit, reject, disregard, ignore.
- pay heed to (phrase) – pay attention to, take notice of, watch, heed.
- stress (noun) – trouble, difficulty, tension,
- so as to (phrase) – in order to.
- impending (adjective) – nearing, upcoming, approaching, forthcoming.
Note:
1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in a different context.
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
The Hindu Editorial (The growth math) – Apr 06, 2023:
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On Tuesday, two multilateral institutions presented their regional economic outlook for this year, scaling down their projection for India’s growth prospects in 2023-24… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (The growth math) – Apr 06, 2023.