The Hindu Editorial Vocabulary Words with Meanings for various Exams: SBI PO/Clerk, IBPS PO/Clerk, RRB, RBI, LIC, NABARD, SEBI, SSC, UPSC, IPPB, etc.
We are providing vocabulary words from the Editorial articles The Hindu newspaper which are important for the all upcoming competitive exams. Add some more words to your English vocabulary words list.
TOPIC – Financing Economic Recovery
As the socio-economic impacts of the pandemic spread across Asia and the Pacific, finance ministries are continuing their efforts to inject trillions of dollars for emergency health responses and fiscal packages. With continued lockdown measures and restricted borders, economic rebound seems uncertain. Compared to 2019’s economic situation, over the past six months, countries in Asia and the Pacific have been experiencing sharp drops in foreign exchange inflows due to declines in export earnings, remittances, tourism and FDI. This is worrying as policymakers are tackling difficult choices over how to prioritise development spending, while continuing to expand their squeezed fiscal space. The United Nations is contributing through a global initiative, Financing for Development in the Era of COVID19 and Beyond, co-convened by Canada and Jamaica, to articulate a comprehensive financing strategy to safeguard the Sustainable Development Goals. Governments are united to ensure that adequate financial resources are available to steer an inclusive, sustainable and resilient postCOVID19 recovery. In the AsiaPacific region, several countries have already adopted financing plans in three key areas. They aim to address the challenge of diminished fiscal space and debt vulnerability; to ensure sustainable recovery, consistent with the ambitions of the Paris Agreement and the 2030 Agenda; and to harness the potential of regional cooperation in support of financing for development. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has recently launched its firstever Regional Conversation Series on Building Back Better. We are joining forces with ministers, decisionmakers, private sectors and heads of international agencies to share collective insights on sharing pathways to resilient recovery from health pandemic and economic collapse. To improve the fiscal space and manage high levels of debt distress, a growing call for extending the debt moratorium under global initiatives like the Debt Service Suspension initiative is timely. Central banks can continue to keep the balance of supporting the economy and maintaining financial stability. This further involves enhancing tax reforms and improving debt management capacities, while using limited fiscal space to invest in priority sectors. Exploring sustainability oriented bonds and innovative financing instruments options such as debt swaps for SDG investment should be explored further. In addition to economic considerations, the policy paradigm must mainstream affordable, accessible and green infrastructure standards, while promoting social equality and environmental sustainability principles as enshrined in the Paris Agreement. As we scale up the use of digital technology and innovative applications, the financing support of micro, small and medium sized enterprises must go hand in hand with these national job-rich recovery strategies.
The Hindu Editorial Words with meanings, synonyms and antonyms
Pandemic (adjective) – Prevalent over a whole country or the world
Synonyms – Widespread, Rife, Rampant, Epidemic, Global
Antonyms – Specific, Ecdemic, Endemical
Rebound (verb) – Recover in value, amount, or strength after a decrease or decline
Synonyms – Resile, Rally, Recover, Boomerang, Bounce, Backlash
Antonyms – Impression, Impact, Collision, Percussion
Squeezed (verb) – Obtain (something) from someone with difficulty
Synonyms – Extort, Extract, Squash, Press, Cram
Antonyms – Decompress, Open, Outstreach
Diminished (adjective) – Made smaller or less
Synonyms – Reduce, Shrink, Denigrate, Depreciate, Belittle
Antonyms – Increase, Flare up, Boost
Vulnerability (noun) – The quality or state of being exposed to the possibility of being attacked or harmed, either physically or emotionally.
Synonyms – Unprotected, Weak, Exposed, Unsafe, Susceptive
Antonyms – Invulnerable, Guarded, Protected, Safe, Strong
Ambition (noun) – A strong desire to do or achieve something
Synonyms – Aspiration, Vocation, Intention, Emulation, Appetition
Antonyms – Indifference, Inappetency, Contentment, Moderation
Moratorium (noun) – A temporary prohibition of an activity
Synonyms – Ban, Embargo, Suspension, Stoppage, Respite, Hiatus, Deferment
Antonyms – Resuscitation, Renewal, Recommencement, Continuance, Resumption
Sustainability (noun) – The ability to be maintained at a certain rate or level
Synonyms – Lasting, Durable, Viable, Non-expendable, Enduring, Tenable, Feasible,
Antonyms – Absurd, Illogical, Irrational, Ridiculous, Unsound
Swaps (noun) – An act of exchanging one thing for another
Synonyms – Bandy, Exchange, Trade, Barter, Substitution, Reciprocate
Antonyms – Stabilise, Focus, Wet, Discharge, Depersonalize
Paradigm (noun) – A pattern or model
Synonyms – Standard, Prototype, Archetype, Pattern, Criterion
Antonyms – Follower, Expand, Unworthy, Decentralize
Mainstream (noun) – The ideas, attitudes, or activities that are shared by most people and regarded as normal or conventional
Synonyms – Conventional, Ordinary, Conformist, Lamestream
Antonyms – Inconspicuous, Obscure, Old-fashioned, Unfashionable
Enshrined (verb) – Preserve a right, tradition, or idea in a form that ensures it will be protected and respected
Synonyms – Set down, Manifest, Incorporate, Preserve, Treasure, Immortalize, Cherish
Antonyms – Condemn, Defile, Disrespect, Desecrate
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