An economy in which production, investment, prices, and incomes are determined centrally by the government.
计划经济
a shift from a planned economy towards a market system
Example sentencesExamples
Slovakia is struggling with the challenges of changing from a centrally planned economy run by the government to one based on free markets.
As was understood, a centrally planned economy could not meaningfully promise to cut its formal tariffs and adopt non-discriminatory trade.
Its centrally planned economy has been reshaped into a capitalist order based on markets and private property.
The wave of privatization extended from the Thatcher government in England to the restructuring of centrally planned economies, and it generated more securities issues in a wider range of national markets than in any previous period.
The country's desperate situation is the product of a centrally planned economy that prefers isolation and international handouts to engagement and reforms that would allow it to be self-sufficient.
This was the case in the formerly centrally planned economies.
The former Soviet Union and other centrally planned economies failed.
After all, at the turn of the millennium Eastern Europe was still in the middle of a painful process of economic restructuring from a centrally planned economy to a capitalist one.
A bureaucratic elite should administer a centrally planned economy to eliminate the inefficiencies inherent in a liberal economic order, and thus avoid failures such as unemployment and poverty.
The move from a state planned economy to a capitalist economy was seen as the first urgent task.
As already mentioned, centrally planned economies put relatively large emphasis on industrial production at the expense of the service sector.
The descent into the abyss can be avoided only by replacing capitalism with the planned economy of socialism on a world scale and thus resuming the spiral of progress opened up by capitalism in its early days.
Economy Mongolia is making the transition from a planned economy to a free-market economy.
In a centrally planned economy, the planners are distinguished by the conceptual and design character of their labour, and no doubt also by their academic or other credentials.
Transition of both national economies from planned economies to the free market system created brand new conditions and brought substantial changes in export and import destinations.
In addition, communists contended that only nationalization of industry and a centrally planned economy could achieve rapid industrialization and economic efficiency.
In former Asian centrally planned economies, private ownership of cars was discouraged in the past, and in some cases prohibited.
With the switch from a centrally planned economy to one dedicated to ‘market socialism,’ the lines of authority and ownership became blurred.
Not surprisingly, these are new concepts for banks emerging from a planned economy where their primary purpose has always been to meet the needs of the state.
The centrally planned economies were viewed as having too much equality and not offering sufficient incentives for growth opportunities.
Definition of planned economy in US English:
planned economy
nounplænd iˈkɑnəmi
a shift from a planned economy towards a market system
another term for command economy
Example sentencesExamples
As was understood, a centrally planned economy could not meaningfully promise to cut its formal tariffs and adopt non-discriminatory trade.
The centrally planned economies were viewed as having too much equality and not offering sufficient incentives for growth opportunities.
This was the case in the formerly centrally planned economies.
In addition, communists contended that only nationalization of industry and a centrally planned economy could achieve rapid industrialization and economic efficiency.
Transition of both national economies from planned economies to the free market system created brand new conditions and brought substantial changes in export and import destinations.
The move from a state planned economy to a capitalist economy was seen as the first urgent task.
In a centrally planned economy, the planners are distinguished by the conceptual and design character of their labour, and no doubt also by their academic or other credentials.
The descent into the abyss can be avoided only by replacing capitalism with the planned economy of socialism on a world scale and thus resuming the spiral of progress opened up by capitalism in its early days.
A bureaucratic elite should administer a centrally planned economy to eliminate the inefficiencies inherent in a liberal economic order, and thus avoid failures such as unemployment and poverty.
Its centrally planned economy has been reshaped into a capitalist order based on markets and private property.
Slovakia is struggling with the challenges of changing from a centrally planned economy run by the government to one based on free markets.
Not surprisingly, these are new concepts for banks emerging from a planned economy where their primary purpose has always been to meet the needs of the state.
The country's desperate situation is the product of a centrally planned economy that prefers isolation and international handouts to engagement and reforms that would allow it to be self-sufficient.
After all, at the turn of the millennium Eastern Europe was still in the middle of a painful process of economic restructuring from a centrally planned economy to a capitalist one.
Economy Mongolia is making the transition from a planned economy to a free-market economy.
In former Asian centrally planned economies, private ownership of cars was discouraged in the past, and in some cases prohibited.
As already mentioned, centrally planned economies put relatively large emphasis on industrial production at the expense of the service sector.
With the switch from a centrally planned economy to one dedicated to ‘market socialism,’ the lines of authority and ownership became blurred.
The wave of privatization extended from the Thatcher government in England to the restructuring of centrally planned economies, and it generated more securities issues in a wider range of national markets than in any previous period.
The former Soviet Union and other centrally planned economies failed.