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Zedillo Ponce de León, Ernesto

(Encyclopedia)Zedillo Ponce de León, Ernesto ĕrnĕsˈtō zĕdēˈyō pōnˈsā ᵺā lāônˈ [key], 1951–, Mexican politician, president of Mexico (1994–2000). Educated as an economist in Mexico and the Unit...

tire

(Encyclopedia)tire, device made of rubber and fabric and attached to the outer rim of a vehicle wheel. Solid rubber tires were in limited use before 1850; they are still used in some special applications, e.g., for...

Thatcher, Margaret Hilda Roberts Thatcher, Baroness

(Encyclopedia)Thatcher, Margaret Hilda Roberts Thatcher, Baroness, 1925–2013, British political leader. Great Britain's first woman prime minister, nicknamed the “Iron Lady” for her uncompromising political s...

European Monetary System

(Encyclopedia)European Monetary System, arrangement by which most nations of the European Union (EU) linked their currencies to prevent large fluctuations relative to one another. It was organized in 1979 to stabil...

Carter, Jimmy

(Encyclopedia)Carter, Jimmy (James Earl Carter, Jr.), 1924–, 39th President of the United States (1977–81), b. Plains, Ga, grad. Annapolis, 1946. Carter served in the navy, where he worked with Admiral Hyman G....

econometrics

(Encyclopedia)econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. Econometrics attempts to ...

Rousseff, Dilma

(Encyclopedia)Rousseff, Dilma jēlˈmä ro͞oˈsĕf [key], 1947–, Brazilian political leader, b. Belo Horizonte. The daughter of a Bulgarian immigrant lawyer and a Brazilian teacher, she was trained as an economi...

Volcker, Paul Adolph

(Encyclopedia)Volcker, Paul Adolph, 1927–2019, American economist, government official, and banker, b. Cape May, N.J. After working as an under secretary in the Treasury Department (1969–74) and as president of...

balance of payments

(Encyclopedia)balance of payments, balance between all payments out of a country within a given period and all payments into the country, an outgrowth of the mercantilist theory of balance of trade. Balance of paym...

minimum wage

(Encyclopedia)minimum wage, lowest wage legally permitted in an industry or in a government or other organization. The goal in establishing minimum wages has been to assure wage earners a standard of living above t...