Industrial base - The part of the economy of a country, city, area, etc. that is involved in producing goods, especially in factories., Global strategy - A detailed plan for how a business or product can be successful in all parts of the world., Economic model - One particular way of organizing an economy., Variables - Something that can change, esp. in a way that cannot be known in advance., Entrepreneurship - Skill in starting new businesses, especially when this involves seeing new opportunities., Competitiveness - The fact of being able to compete successfully with other companies, countries, organizations, etc., to hinder - To limit the ability of someone to do something, or to limit the development of something., Stalemate - A situation in which neither group involved in an argument can win or get an advantage and no action can be taken., Corruption - Illegal, bad, or dishonest behaviour, especially by people in positions of power., Populism - Political ideas and activities that are intended to get the support of ordinary people by giving them what they want., Reform - An improvement, especially in a person's behaviour or in the structure of something., Human capital - Employees, and all of the knowledge, skills, experience, etc. that they have, which makes them valuable to a company or economy.,

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