Political Economy of Language: Linguistic Perspectives on Economic Policy

In this review, we explored the intricate interplay between language and economic policy, shedding light on the often overlooked yet profound ways in which linguistic factors shape and are shaped by the economic landscape. This review delves into the nexus of political economy and language, examining how language serves as a tool of power, negotiation, and persuasion in the formulation and execution of economic policies. Drawing from linguistic perspectives, we dissect the role of discourse in shaping public perception of economic policies. We investigate the linguistic strategies employed by policymakers to communicate complex economic concepts, exploring how language can be a mechanism of inclusion or exclusion within economic decision-making processes. Additionally, the review addresses the impact of language on policy implementation, scrutinizing the role of linguistic diversity and communication barriers in influencing the effectiveness of economic initiatives. The review also probes the socio-political dimensions of language in economic policy, considering how linguistic structures may perpetuate or challenge existing power dynamics and socio-economic inequalities. By bridging the realms of political economy and linguistics, this review contributes to a nuanced understanding of the multifaceted relationship between language and economic policy, with implications for policymakers, scholars, and practitioners seeking a holistic comprehension of the forces at play in the contemporary economic landscape.