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The phrase "economic establishment" is correct and can be used in written English
It is typically used to refer to the institutions and systems involved in the production, distribution, and consumption of goods and services in a society or country. Example: "The success of a country's economic establishment is often measured by its GDP and employment rates." In this sentence, "economic establishment" refers to the overall functioning and performance of a country's economy.
Exact(56)
Mr. Ryan, 42, is the poster child for the conservative economic establishment.
Second, the economic establishment in this country fully understands what needs to be done.
Yet this rage is being met with almost total silence from the political and economic establishment.
The way the world's economic establishment discusses inequality invites a Lennonist response.
But an upstart movement has spray-painted a new slogan onto the ramparts of the economic establishment.
While not a member of the government, Mr. Issing is in many ways the leading voice of Germany's economic establishment.
Their targets included representatives of different political parties and members of the economic establishment, the prosecutors said.
Similar(4)
The urge to hurl a fragmentation grenade under the tent-flap of the entire political-economic establishment is, at some level, perfectly understandable after years of war and economic catastrophe, largely visited upon the unluckiest among us.
The foreign minister, the defense minister, the information minister, the vice president and more than a dozen other politicians considered to be the nucleus of Kenya's politico-economic establishment have lost their Parliament seats and therefore their influential jobs, the election commission confirmed Friday.
The women and the men may be oppressed by the same politico/military/economic establishment, but the situation of the soldiers appears more dreadful.
Working-class Leave voters wanted to put two fingers up at the Economic Establishment.
More suggestions(15)
social establishment
economic constitution
economic installation
financial establishment
finance establishment
facilitated establishment
economic settings
economic policy establishment
economic settlements
economic schools
long term establishment
economic foundations
cost establishment
indicates establishment
business establishment
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com