Glossary entry

Spanish term or phrase:

PIB en régimen

English translation:

current GDP

Added to glossary by patinba
May 7, 2020 14:30
4 yrs ago
34 viewers *
Spanish term

PIB en régimen

Spanish to English Bus/Financial Economics
This appears a few times in the document I am translating. Context is pension system reform in Chile. Does this just mean the current GDP? Thanks in advance.
Proposed translations (English)
3 +5 current GDP
Change log

May 8, 2020 19:41: patinba Created KOG entry

Discussion

Laura Kiernan (asker) May 8, 2020:
Thanks, Michael, for your research! Very helpful.
I did some research... This is an interesting one. It does seem to be a regional usage in Chile.

According to the RAE, the definitions of régimen are as follows (I only mention the ones that could apply, due to space restrictions):

"...
2. m. Conjunto de normas por las que se rige una institución, una entidad o una actividad.
...
4. m. Conjunto de características regulares o habituales en el desarrollo de algo. El régimen de lluvias no ha cambiado en los últimos años.
...
5. m. Gram. rección.
...
"

Definition no. 2 refers to a set of rules or standards of something, which doesn’t apply too well in the present case.

Definition no. 4 refers to a “pattern” or “index” of something, which doesn’t fit too well in the present context, but it does give an indication that we could be talking about a pattern of GDP growth or the like.

Definition no. 5 seems, oddly enough, the most appropriate here, even though the word relates to a technical term in grammar. The word rección comes from the verb regir, of which one of the definitions is estar vigente (to be current or in force.)

So, after all that, I would say that the suggestion “current GDP” works best. ;-)
Laura Kiernan (asker) May 7, 2020:
Por ejemplo... "El gobierno ya aprobó una reforma tributaria que recaudaría un 0,6% del PIB en régimen, y anunció su intención de aceptar mayor deuda pública"
Jane Martin May 7, 2020:
Could you give us more context please, e.g some of the sentences it appears in. Thanks.

Proposed translations

+5
18 mins
Selected

current GDP

I think so, it seems to be a Chilean usage:

El programa de Gobierno de Michelle Bachelet reiteró el compromiso de
efectuar una Reforma Tributaria “con el objeto de aumentar los ingresos permanentes del Fisco en 3% del PIB en régimen”, o sea cuando ya se encuentre en plena aplicación.
Peer comment(s):

agree Nelly Alejandra Alister
30 mins
Gracias!
agree EirTranslations
2 hrs
Gracias!
agree Michael Grabczan-Grabowski
3 hrs
Thank you!
agree María Belén Di Memmo
7 hrs
Thank you!
agree Luis M. Sosa : Not chilean and have never come across, but you got it.
7 hrs
Thank you!
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4 KudoZ points awarded for this answer. Comment: "Thanks! "
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