economic action

economic action

The planned use of economic measures designed to influence the policies or actions of another state, e.g., to impair the war-making potential of a hostile power or to generate economic stability within a friendly power.
Dictionary of Military and Associated Terms. US Department of Defense 2005.
References in periodicals archive ?
The refresh of the Tai Tokerau Northland Economic Action Plan will drive growth in Northland and build on the significant progress made over the last two years, says Parliamentary Under-Secretary for Regional Economic Development Fletcher Tabuteau.
National Economic Action Council member Tan Sri Rafidah Aziz said Putrajaya must form a crisis management team to take preemptive measures in order to weather the forecasted economic headwinds.
This ambition is at the heart of our Economic Action Plan, and it is why we developed our economic contract.
"The Economic Action Plan, our code of practice, and our ambition to be a fair work nation - all contribute to the same objectives of promoting fair work, eliminating unlawful practice, and allowing our best employers to compete for contracts and customers on a level playing field."
"There is no doubt that these are challenging times, both for business and for Government, but what are seeing in North Wales is a growing economy full of success stories working side by side with a Welsh Government which is putting the growth of the region at the very heart of its Economic Action Plan.
Therefore, the GCC countries should keep abreast of these developments and meet these challenges by unifying the visions and promoting the joint GCC economic action. The GCC Secretary General delivered a speech in which he praised the outstanding efforts and achievements of the GCC Financial and Economic Cooperation Committee.
The new contract is one of the key policies of the Welsh Government's Economic Action Plan (EAP), which was launched by Economy Secretary, Ken Skates in December.
The scheme has been boosted by European Community money and it is hoped it will lead to the framing of an economic action plan for the village.
Traditionally, Switzerland avoids alliances that might entail military, political or direct economic action and has been neutral since the end of its expansion in 1515.
Prosperity for All: the Economic Action Plan sets out how the goals of growing Wales' economy while reducing inequality will be achieved.
It also reviewed a vision presented by an international consulting office on ways to develop an economic action strategy for the Gulf system, point out observations regarding the vision and submit them to the GCC economic affairs authority, the Kuwaiti senior official noted.