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autarky
(redirected from Closed economy)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
au·tar·ky or au·tar·chy  tärk)
n. pl. au·tar·kies or au·tar·chies
1. A policy of national self-sufficiency and nonreliance on imports or economic aid.
2. A self-sufficient region or country.

[Greek autarkeia, self-sufficiency, from autarks, self-sufficient : auto-, auto- + arkein, to suffice.]

au·tarkic (-kk), au·tarki·cal (-k-kl) adj.

autarky [ˈɔːtɑːkɪ]
n pl -kies
1. (Government, Politics & Diplomacy) (esp of a political unit) a system or policy of economic self-sufficiency aimed at removing the need for imports
2. (Government, Politics & Diplomacy) an economically self-sufficient country
[from Greek autarkeia, from autarkēs self-sufficient, from auto- + arkein to suffice]
autarkic  adj
autarkist  n

autarky
a national policy of economic self-sufficiency or independence. — autarkist, n. — autarkie, autarkical, adj.
See also: Economics
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.autarky - economic independence as a national policy
independence, independency - freedom from control or influence of another or others
Translations
autarky
nAutarkie f


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The domestic market is still dwarfed by the export market but it is growing at a much faster pace as India's relatively closed economy has been less hard hit by the global slowdown.
The domestic market is still dwarfed by the export market but it is growing at a much faster pace as India's relatively closed economy has been less hard hit by the global slowdown.
The domestic market is still dwarfed by the export market but it is growing at a much faster pace as India's relatively closed economy has been less hard hit by the global slowdown.
 
 
 
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