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generar desde el país el lucro cesante

English translation: recover lost revenue in Cuba

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:generar desde el país el lucro cesante
English translation:recover lost revenue in Cuba
Entered by: James A. Walsh

16:52 Mar 29, 2017
Spanish to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Investment Proposal
Spanish term or phrase: generar desde el país el lucro cesante
I'm very familiar with the term "lucro cesante" and have seen the many glossary entries for it, but the use of "generar" here is really confusing me. I've been going round in circles with it, and no matter what way I word it in English, it doesn't seem to make sense.

Context:

"Actualmente no se produce carne de pollo en Cuba: la producción fue suspendida hace 15 años aproximadamente ante la inviabilidad de producir carne de ave a precios acordes a las condiciones de mercado internacional. Como consecuencia, la carne de pollo se importa hoy del extranjero, principalmente de EEUU, Canadá y América del Sur (de acuerdo con un estudio realizado en Cuba, en 2010 se importaron 200.000 toneladas de carne de pollo y los denominados productos relacionados).

Con el fin de disminuir la salida de divisas y de generar desde el país el lucro cesante, está previsto el desarrollo gradual de un sistema de producción propio en Cuba. Este proyecto sustituirá la importación destinada preferentemente al turismo y a los comercios en los que el pago se efectúa con moneda extranjera. Asimismo, la producción nacional permitirá vender carne fresca, puesto que la carne importada únicamente puede adquirirse como mercancía congelada."

Going into UK English.

Thanks in advance.
James A. Walsh
Spain
Local time: 14:51
generate profits inside the country
Explanation:
The more I read the fragment, the less I understand it! How can you generate a loss of profit or income?

In this case, I think I would translate the phrase in a way that made sense to me and tell the client how I had interpreted it.

'In order to reduce the amount of foreign currency that goes abroad and to recover loss of profit'

'In order to reduce the amount of foreign currency that goes abroad and to generate profits inside the country'.

But I'm afriad I really don't know what is being expressed.

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Note added at 2 hrs (2017-03-29 19:04:15 GMT)
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* Sorry, I meant to write 'afraid'.

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Note added at 4 hrs (2017-03-29 21:19:56 GMT)
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Or 'recover/generate previously lost profits inside the country'
Selected response from:

Helena Chavarria
Spain
Local time: 14:51
Grading comment
Thanks folks. Went with "recover lost revenue" in the end. Seemed to work best.
4 KudoZ points were awarded for this answer



Summary of answers provided
4to produce in Cuba the equivalent of the lost profits
Francois Boye
2 +1generate profits inside the country
Helena Chavarria


Discussion entries: 7





  

Answers


2 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
generate profits inside the country


Explanation:
The more I read the fragment, the less I understand it! How can you generate a loss of profit or income?

In this case, I think I would translate the phrase in a way that made sense to me and tell the client how I had interpreted it.

'In order to reduce the amount of foreign currency that goes abroad and to recover loss of profit'

'In order to reduce the amount of foreign currency that goes abroad and to generate profits inside the country'.

But I'm afriad I really don't know what is being expressed.

--------------------------------------------------
Note added at 2 hrs (2017-03-29 19:04:15 GMT)
--------------------------------------------------

* Sorry, I meant to write 'afraid'.

--------------------------------------------------
Note added at 4 hrs (2017-03-29 21:19:56 GMT)
--------------------------------------------------

Or 'recover/generate previously lost profits inside the country'

Helena Chavarria
Spain
Local time: 14:51
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 106
Grading comment
Thanks folks. Went with "recover lost revenue" in the end. Seemed to work best.
Notes to answerer
Asker: That's exactly my conundrum, Helena! The more I read it, the more confused I get... Hadn't thought of this approach, though, which I think is a good one. Thanks for your suggestion.


Peer comments on this answer (and responses from the answerer)
agree  veronicaes: me gusta to recover loss of profit
1 hr
  -> Thank you, Veronica :-)
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
to produce in Cuba the equivalent of the lost profits


Explanation:
Lucro cesante = Ganancias que dejan de conseguirse por la interrupción de una actividad lucrativa debida al incumplimiento de una obligación, la infracción de un deber o un sacrificio patrimonial legítimo

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Note added at 4 hrs (2017-03-29 21:19:21 GMT)
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The Source of the definition above is:

La Caixa. Diccionario Económico Financiero

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Note added at 4 hrs (2017-03-29 21:21:09 GMT)
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In other terms, Cuba will make money out of producing goods instead of outflows of foreign exchange

Francois Boye
United States
Local time: 08:51
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 89
Notes to answerer
Asker: Thanks, Francois.

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