To make a firm decision and take immediate, bold action without hesitating.

A strategy to protect yourself against loss or risk by balancing one bet or action against another.

Carefully adjusting or fine-tuning something to make it as accurate or effective as possible.

Dealing with things sensibly and realistically based on what actually works, rather than following a strict theory or ideology.

A style of relationship or politics based purely on "give and take" or "deals" rather than shared values or long-term loyalty.

Moving or acting freely without any obstacles, delays, or interference.

To have a title, degree, benefit, or right officially granted or given to you.

The act of placing someone in a lower rank or making them secondary/subject to another’s authority.

The act of "hitting back" or seeking revenge against someone who has harmed you (often through trade or military action).

The ability of a government to raise enough money (through taxes or borrowing) to pay for its expenses and services.

The process of breaking into smaller, separate, or disorganized parts.

When two different things work well together because they provide what the other is missing.

An agreement or action involving a group of several countries, but not everyone in the world.

Massive companies (like Google, Amazon, or Microsoft) that dominate the digital world by providing huge amounts of data and cloud computing power.

The quality of being able to change easily or flow smoothly; a situation that is not fixed or stable.

Standing firm and steady; not changing or becoming weaker, even under pressure.

Never having happened, been done, or been known before.

To feel or show deep sadness or grief, usually over a loss.

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Carney Vocab Pt 2

Term	Definition
Act Decisively:	To make a firm decision and take immediate, bold action without hesitating.
Hedge:	A strategy to protect yourself against loss or risk by balancing one bet or action against another.
Calibrating:	Carefully adjusting or fine-tuning something to make it as accurate or effective as possible.
Pragmatic:	Dealing with things sensibly and realistically based on what actually works, rather than following a strict theory or ideology.
Transactionalism:	A style of relationship or politics based purely on "give and take" or "deals" rather than shared values or long-term loyalty.
Unhindered:	Moving or acting freely without any obstacles, delays, or interference.
Conferred:	To have a title, degree, benefit, or right officially granted or given to you.
Subordination:	The act of placing someone in a lower rank or making them secondary/subject to another’s authority.
Retaliation:	The act of "hitting back" or seeking revenge against someone who has harmed you (often through trade or military action).
Fiscal Capacity:	The ability of a government to raise enough money (through taxes or borrowing) to pay for its expenses and services.
Fragmentation:	The process of breaking into smaller, separate, or disorganized parts.
Complementarities:	When two different things work well together because they provide what the other is missing.
Plurilateral:	An agreement or action involving a group of several countries, but not everyone in the world.
Hyperscalers:	Massive companies (like Google, Amazon, or Microsoft) that dominate the digital world by providing huge amounts of data and cloud computing power.
Fluidity:	The quality of being able to change easily or flow smoothly; a situation that is not fixed or stable.
Unwavering:	Standing firm and steady; not changing or becoming weaker, even under pressure.
Unprecedented:	Never having happened, been done, or been known before.
Mourn:	To feel or show deep sadness or grief, usually over a loss.

Created by: user-1868895

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