Economic dependence

Economic dependence

When the costs and/or revenues of one project depend on those of another.

Economic Dependence

A situation in which the success of one thing depends on the success of another. This may occur within a company; for example, a project may not have funding unless another project is successful. Likewise it may occur within an economy; for example, an agricultural economy may be excessively dependent on the value of corn such that if the price of corn drops it can have serious repercussions on that economy. Many companies and economies seek to diversify to avoid economic dependence.
References in periodicals archive ?
The New Southbound Policy was launched by President Tsai Ing-wen in 2016 with the goal of reducing Taiwan's economic dependence on China and building stronger links with South and Southeast Asian countries, Australia and New Zealand.
Battulga is eager for investment from the United States and other countries it considers "third neighbors" to help it reduce its economic dependence on China, through which most of its exports of cashmere and other goods move.
Road to renewables: The 400 MW Dumat Al-Jandal wind farm project is part of Saudi Arabia's shift away from economic dependence on fossil fuels for electricity production.
(TAP) -- The Palestinian authority has launched talks with Arab countries, including the Tunisian government, for the implementation of social-economic co-operation programmes that will help put an end to the Palestinian economic dependence on Israel, Palestine's Minister of Social Development Ahmad Majdalani announced on Monday in Tunis.
Mexico sends around 80% of its exports to the United States, and is eager to sell more to other countries to reduce its economic dependence on its neighbor.
She added: "The economic dependence of wives on their husbands is one of the central mechanisms through which women are subordinated to society.
The social media boom has destroyed the previously established algorithms for acquiring, collecting, processing, analyzing and disseminating information, said also the President adding that professional news agencies and media outlets face growing financial issues, which lead to political and economic dependence and the undermining of professional and ethical standards.
dpa Taipei Taiwan can take advantage of the trade war between Beijing and Washington to further ease its economic dependence on China, Taiwanese President Tsai Ing-wen said on Monday.
It is again because of our heavy economic dependence on Western donors and multilateral financial institutions that we see Pakistan's fiscal and monetary policies increasingly coming under their control.
The newspaper reports there are signs Taiwan is channeling its economic focus on India in order to break free of the chains created by years of increasing economic dependence on China.
"Marriage is known to be less protective against suicide for women because of arranged and early marriage, young motherhood, low social status, domestic violence, and economic dependence," the report stated.
The second issue is to secure the economic survival and well-being of Turkish Cypriots without the need for economic dependence on and support from Turkey.
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