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12:41 Aug 8, 2006
This question was closed without grading. Reason: No acceptable answer

French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: rente
This is the title of a chapter in a text about migration and remittances:

"Transferts de fonds : capital productif ou rente ?"

And this is an extract from that chapter:

"Par leur ampleur, ces flux financiers peuvent avoir un impact considérable sur la balance des paiements et contribuer à réduire le déficit d’épargne intérieure. En Égypte par exemple, au cours de la décennie 1990, les transferts représentaient en moyenne 32 % des recettes d’exportation de biens et de services et près de 24 % des importations. Bien qu’ils contribuent à financer les importations et l’investissement, les transferts créent une dépendance et donc une vulnérabilité : ils peuvent inciter à consommer des biens d’importation au détriment de la production locale, et ne pas avoir d’effet multiplicateur sur l’économie ; ils peuvent également être source d’inflation et donc d’appréciation du taux de change réel, notamment dans les pays où l’appareil productif est peu flexible. "

I'm not really sure what's meant by 'rente'. Any ideas? Thanks
Anna Kiff
Local time: 06:04
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Summary of answers provided
4dividendsPatPat
2 +1allowances
suezen
3savingsMarion Sadoux
2savings / subsidiesMarion Sadoux


Discussion entries: 5





  

Answers


8 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
savings / subsidies


Explanation:
Il s'agit d'un capital qui en tout cas n'est pas perçu comme actif! Difficile à dire malgré le long extrait.

Marion Sadoux
China
Local time: 12:04
Native speaker of: Native in FrenchFrench
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  juliebarba: I thought that rente was a payment, or income.....
36 mins
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
savings


Explanation:
Le comportement rentier consiste à ne pas dépenser ou investir le produit d'un capital. je crois que "rente" est ici à prendre dans son sens premier de "revenu périodique d'un bien, d'un capital". Robert. "Subsidies" est donc faux.


    Reference: http://www.google.co.uk/search?client=firefox-a&rls=org.mozi...
Marion Sadoux
China
Local time: 12:04
Native speaker of: Native in FrenchFrench
PRO pts in category: 4
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1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
allowances


Explanation:
My understanding is that money may either be used productively to create more wealth, or used passively to pay off debts or buy goods that might not otherwise be bougt and do not help the local economy to develop. Allowances create dependence and passive behaviour rather than acting as a spur to wealth creation.
The idea of rentier in your second extract fits in with this interpretation and could be translated as the 'behaviour of people of independent means' or 'non-productive people'

suezen
Local time: 06:04
Native speaker of: Native in EnglishEnglish
PRO pts in category: 52

Peer comments on this answer (and responses from the answerer)
agree  gad
2 days11 hrs
  -> thanks G :-))
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
dividends


Explanation:
"rente" refers to guaranteed income from a (usually private) investment. Dividend (s. or pl.)should fit. As to "comportement rentier", "passive investment profile" fits well with the "insurance function", if additional context can be gleaned from the rest of the document.

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Note added at 7 hrs (2006-08-08 19:57:43 GMT)
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Many of Egypt's foreign workers are very well-off (many doctors, engineers, lawyers, working in the Arab Gulf or Saudi Arabia), and not only send money to extended families, but also make their own investments from abroad.

PatPat
Local time: 01:04
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Sandra Petch: Even in this context of immigrants transferring money to family in their home country?
53 mins
  -> I like your analysis above, and that's a good question. But since the context refers to the inv. profile of those who receive the income, I think it should work. Egypt, also has white-collar workers in Saudi + Gulf, who bring in serious money.
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Changes made by editors
Aug 8, 2006 - Changes made by writeaway:
FieldSocial Sciences » Bus/Financial


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