pare v. 3) урезывать, сокращать; The US can pare back its military presence in Asia as well. Local authorities must pare their budgets. - pare away - pare down - pareoff...
pace(-)setter noun 2) задающий тон; she is a pace-setter in fashions - она задаёт тон в моде; Mongolia seemed an unlikely candidate as the pace-setter for political change in Asia....