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planned economy
(redirected from Centrally planned economies)

    Also found in: Wikipedia 0.01 sec.

planned economy

Another term for command economy, meaning a system in which decisions about how resources are to be allocated are made by government departments or agencies.



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Proponents of mass privatization hoped that the profit incentives unleashed would soon revive faltering, centrally planned economies.
Perestroika Cubana by Desai, Raj M.; Goldberg, Itzhak / The National Interest
Within a period of only fifteen years, major centrally planned economies have turned into market economies and several strongly regulated emerging market economies have implemented radical reforms.
The state of globalization: a European insider surveys the scene by Stark, Jurgen / The International Economy
Volkswagen--thanks partly to its experience in the erstwhile centrally planned economies of Eastern Europe--invested in training, in setting-up component producers, or in a distribution and services network, and then accompanied these moves with a constant wooing of national and local officials.
Winning in Asia, European Style: Market and Nonmarket Strategies for ... by Boltho, Andrea / Pacific Affairs
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