Diplomacy & Politics Glossary

Every term you need — from Model UN procedure to international law, economics, and political theory. Clear definitions, real examples, and cross-linked concepts.

2302 terms across 11 categories

Showing 4 terms matching your filters

F

2 terms

Fiscal Multiplier

The ratio of a change in national income to the change in government spending that caused it, indicating fiscal policy effectiveness.

Economics & Trade

Fiscal Policy Multipliers

The ratio measuring the change in economic output resulting from a change in government spending or taxation.

Economics & Trade

S

1 term

Structural Transformation

The reallocation of economic activity from agriculture to industry and services during development.

Economics & Trade

T

1 term

Trade Diversification

The process of expanding the variety of products and markets in a country’s trade portfolio to reduce dependency risks.

Economics & Trade