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planned economy
(redirected from Planned economies)

   Also found in: Wikipedia 0.01 sec.
planned economy
n
(Economics) another name for command economy
Translations
planned economy [ˌplændɪˈkɒnəmɪ] neconomia pianificata


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The new Silk Road region is emerging from decades of centrally planned economies that were closed to foreign investment, and the current business environment does not meet international best practices in many respects, UNCTAD said.
However, Lemierre acknowledged that the transition from centrally planned economies to free markets had come at a cost, with the change involving destruction as well as reconstruction.
This negative performance can be explained by reallocation, namely 'centrally planned economies had too large a manufacturing sector, too small a service sector'.
 
 
 
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