Glossary entry (derived from question below)
Spanish term or phrase:
nuevos valores creados
English translation:
here: new value added items
Added to glossary by
Justin Peterson
Dec 22, 2015 17:51
8 yrs ago
Spanish term
Spain
nuevos valores creados
Spanish to English
Bus/Financial
Finance (general)
Economy
This is an article dealing with the Cuban government's disingenuous calculation of the country's GDP.
Párrafo
¿Cómo se fabrica el fraude para calcular el PIB? Pues los burócratas de la dictadura contabilizan como NUEVOS VALORES CREADOS ciertos gastos sociales gratuitos, es decir, cuentan esos gastos no cobrados como si se hubiesen cobrados y fuesen ingresos
Párrafo
¿Cómo se fabrica el fraude para calcular el PIB? Pues los burócratas de la dictadura contabilizan como NUEVOS VALORES CREADOS ciertos gastos sociales gratuitos, es decir, cuentan esos gastos no cobrados como si se hubiesen cobrados y fuesen ingresos
Proposed translations
(English)
| 4 | here: new value added items |
ViBe
|
| 4 +1 | new fictitious accounting entries |
Rebecca Jowers
|
| 4 | extra value added |
Francois Boye
|
Proposed translations
18 hrs
ViBe
Works in field
Selected
here: new value added items
… recording / recognizing certain free social services as new value added items...
4 KudoZ points awarded for this answer.
+1
27 mins
Rebecca Jowers
Spain
Spain
Native in English
Works in field
Spain
30 yrs experience legal-commercial
Native in: English 
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
284
new fictitious accounting entries
(just a possibility)
The bureaucrats… record certain free social services as new fictitious accounting entries, i.e., they count those free services as if they were paid services and actually constitute income.
The bureaucrats… record certain free social services as new fictitious accounting entries, i.e., they count those free services as if they were paid services and actually constitute income.
Peer comment(s):
| neutral |
ViBe
: "value added" is key here, not just any "entry" / Exactly: "(p)added value" :) / The concept of added value is crucial for GDP, which can be calculated, inter alia, as the sum of values added across the economy.
18 hrs
|
|
"value added" might imply that the entries are genuine, but the text appears to refer to fabricated accounting entries (counting free social services as paid services) to pad the GDP
|
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| agree |
Adrian MM. (X)
: This rings plausible for those of us, with British & Canadian but soon-to-be, blockade-lifted US passports, who have actually visited the spicy island and/or its satellite of Isla de la Juventud.
1 day 16 hrs
|
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Thanks Adrian
|
2 hrs
Francois Boye
United States
United States
Specializes in field
United States
An economic geek with social skills
Native in: French
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
335
extra value added
As if the economy had produced more valued added
Peer comment(s):
| neutral |
ViBe
: the word "extra" would be a bit confusing in the "value added" context, I'm afraid
16 hrs
|
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