sectoral policies
[sek-ˈtȯr-əl ˈpä-lə-sēz]
nounpl: sectoral policies
políticas setoriais
1. Government policies designed to promote development, regulation, or growth in specific economic sectors or industries
The government implemented sectoral policies to strengthen the agricultural and technology industries.
O governo implementou políticas setoriais para fortalecer as indústrias agrícola e tecnológica.
2. Strategic measures targeting particular sectors of the economy such as manufacturing, energy, healthcare, or finance
Sectoral policies in the energy sector focus on renewable sources and sustainability.
As políticas setoriais no setor de energia focam em fontes renováveis e sustentabilidade.
3. Targeted regulatory or incentive frameworks applied to specific business segments or industries
The finance ministry announced new sectoral policies to support small and medium enterprises in the retail sector.
O ministério das finanças anunciou novas políticas setoriais para apoiar pequenas e médias empresas no setor de varejo.
The term 'sectoral policies' is widely used in Brazilian government, academic, and business contexts when discussing economic development strategies. Brazil frequently employs sectoral policies to support key industries like agribusiness, oil and gas, and technology. In Portugal, the term is similarly used in EU policy discussions. This concept is central to development economics and is often debated in terms of market efficiency versus strategic intervention.
Related Idioms & Phrases
targeted approach to economic development
sector-by-sector strategy
vertical market intervention
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