economies of vs economies in

Both 'economies of' and 'economies in' are correct, but they are used in different contexts. 'Economies of' is used to describe the benefits gained from efficient use of resources, while 'economies in' is used to refer to the economic conditions within a specific area or sector.

Last updated: March 23, 2024 • 666 views

This phrase is correct and commonly used in English.

"economies of"

This phrase is used to describe the benefits or advantages gained from the efficient use of resources, such as 'economies of scale' or 'economies of scope'.

Examples:

The company achieved economies of scale by increasing production.
There are significant economies of scope in combining these two businesses.
Understanding economies of agglomeration is crucial for urban planning.
The economies of scope in this merger are expected to result in cost savings.
The economies of scale in this industry have led to lower prices for consumers.

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Container shipping is a capital intensive business but provides economies of scale.
This in turn may bring economies of scale.
The economies of the partner countries are still very vulnerable.
The economies of developing countries are increasingly becoming knowledge-based economies.
The Commission is continuously looking for ways to improve its monitoring of the economies of Member States.
This ambitious target cannot be attained without affecting the economies of the Member States.
The economies of these regions are mainly based on tourism and agriculture, including fisheries.
trade liberalisation beneficial to the economies of both regions,
Pooling resources to achieve economies of scale.
The integration of the economies of these regions in the single market requires equitable conditions.
High capacity utilisation contributes to decrease cost of production because of economies of scale.
Furthermore, this submission neglects the effect of economies of scale.
Euroregions are conducive to economies of scale.
Clean Sky therefore ensures integration and coordination of various research activities while tapping into economies of scale.
Efficiency gains of pools may for instance result from obtaining better utilisation rates and economies of scale.
2.6.3.1 The integration of the economies of these regions in the single market requires equitable conditions.
Potential synergies and economies of scale shall be identified and exploited to the extent feasible.
Such a scope should also ensure economies of scale in collection and recycling, as well as optimal resource saving.
Increased market penetration of electricity from renewable energy sources will allow for economies of scale, thereby reducing costs.
Firstly, mandatory sizes can help some smaller-scale producers reduce costs through economies of scale and more efficient bottling line operations.

Alternatives:

benefits of
advantages of
efficiencies in

This phrase is correct and commonly used in English.

"economies in"

This phrase is used to refer to the economic conditions within a specific area or sector, such as 'economies in Europe' or 'economies in the technology sector'.

Examples:

The economies in Asia are experiencing rapid growth.
There are differences in economies in various regions of the country.
The economies in the healthcare sector are facing challenges.
Understanding the economies in emerging markets is important for investors.
The economies in the tourism industry have been severely impacted by the pandemic.

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The Socialist Group supports all cooperation measures which, like this one, help to make companies, and economies in general, more dynamic, by means of private initiative.
After all, the European Union, or some European countries, developed their economies in closed markets.
Rural economies in such areas are seriously threatened.
SMEs are the backbone of small economies in Europe, such as Northern Ireland.
This balancing demands the active cooperation of the major economies in America, Asia and Europe.
We have to deal with the liberalisation and diversification of the economies in these states.
Economically, Poland has one of the strongest economies in Central and Eastern Europe.
Promoting democracy, good governance and market economies in its neighbourhood remains a core priority of the European Union's external policies.
Today, the United States and China are the two leading economies in the world.
Ireland is one of the fastest-growing economies in the European Union today.
The most recent phase in globalisation started in the 1990s, when the growing economies in Asia opened up the international market economy.
That is an affordable investment which can give a real positive boost to local economies in developing countries.
At the same time, foreign exchange reserves continued to grow in several economies in the region.
The second exception concerns the adjustment costs which have to be absorbed by advanced economies in order to face the new competition.
The Basel II accord was also mentioned and it was stressed that this is designed for all economies in the world.
Global economic growth is expected to remain below past trends over 2010-11, as advanced economies in particular experience a subdued recovery following the financial crisis.
Compared to its size, the EU is one of the most outward-oriented economies in the world.
Current EU trade strategy clearly emphasises the need to tap into the fast growing economies in Asia.
Subject: Rating of economies in the EU
This is a danger that must be taken into account and that would mortgage our economies in the future.

Alternatives:

economic conditions in
economic situations in
financial environments in

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