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communist economy

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
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Noun1.communist economy - the managed economy of a communist state
managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices
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The Slovak government introduced the scrapping incentive, which mirrors similar subsidies in France and Germany, in a bid to halt a slump in new car sales in a former communist economy driven by production of automobiles and electronics.
Trade-in car slogan now sells everything: Slovakia by AFP / AFP Global Edition
Noting that Afghanistan was passing through a difficult period, Spanta said that his country was not only on the phase of transition from war to peace but also from communist economy to liberal economy.
(DIP) AFGHAN FOREIGN MINISTER: AFGHANISTAN IS PROUD OF TURKEY'S ... by Anadolu (Eskisehir, Turkey)
In an effort to lift the gloom they have vowed to ramp up levels of social security, promising to reinstate many of the benefits once central to China's communist economy but which have been lost over the last three decades of reforms.
Unrest fears loom at China congress by Aljazeera.net
 
 
 
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