planned economy

(redirected from Economic statism)

planned economy

n
(Economics) another name for command economy
Translations

planned economy

[ˌplændɪˈkɒnəmɪ] neconomia pianificata
References in periodicals archive ?
Adopting a realist approach to the dynamics of relative power, they examine the key factors influencing security questions concerned with China's global rise, including issues of economic interdependence in the Asian region; increases in military expenditures; regional alliance building; the development of regional institutions and efforts to foster regional norms and identities; the political economy of the region (with a focus on the impact of regional economic statism); and the roles of nationalism, authoritarianism, and other aspects of domestic politics.
He saw the People's Party as a vehicle to represent the entire nation and carry out his vision, which combined political authoritarianism with economic statism. There were, however, debates over policy and schisms within Turkish society, but these were forcibly suppressed by Ataturk, who ended multi-party experiments when he deemed them potentially threatening or destabilizing.
Current critics of economic statism find a connection between a government stranglehold on the economy and internal political violence.
They therefore may have believed that the East Asian "miracles" provided them with a model for sustained growth, combined with continuing dictatorship and some form of economic statism. If so, their attraction to these Asian economies lends further evidence of their declining faith in their own system.