The phrase "socioeconomic implications" is correct and commonly used in written English.
It refers to the social and economic effects or consequences of a particular action, event, or decision. Example: The new tax policy has significant socioeconomic implications for low-income families, as it may further widen the income gap and hinder upward mobility.
There are massive socioeconomic implications for the unemployed and underemployed".
There are also socioeconomic implications, if a relocated species were to cause damage to land or pose a threat to humans.
And not only domestic politics: after the Brexit vote, Tingle published "Pounded by the Pound: Turned Gay by the Socioeconomic Implications of Britain Leaving the European Union".
"We felt that beyond public health, being overweight has many other socioeconomic implications," he said, which was why he was drawn to calculating the gasoline costs of added weight.
"Freakonomics," the film, got started when Chad Troutwine, a producer who worked on an earlier multidirector movie, "Paris, Je T'aime," became interested in the best-selling book, which looks into matters like the socioeconomic implications of baby naming.
An effective prevention strategy would have significant socioeconomic implications worldwide.
The writer shares her own experience of designing methods for media analysis in terms of cultural, political, ideological, and socioeconomic implication.
Farmland abandonment in Europe is a major problem because of environmental, socioeconomic and landscape implications.
Adoption of appropriate technology has been vital for its subsequent successful usage, which has led to unexpected diversity of use with diverse socioeconomic and cultural implications.
We assess the recycling policies by addressing their cost effectiveness and socioeconomic and technological implications using Japanese market and recycling data to examine any potentially substantial differences.
A part of the paper is based on the research carried out with the financial support of the Russian Foundation for Basic Research (Project No. 15 06 08163 "Assessment and forecast of the socioeconomic and environmental implications of the climate change in the Arctic region").
