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planned economy
(redirected from Command economies)

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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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An arch-critic of command economies who was hounded out of Europe in the '30s by the Nazis, he knew better than anyone that free markets give rise not only to lower prices but to all manner of powerful social change.
The public sector and the private by Gillespie, Nick / Reason
Although they have long recognized the fatal weaknesses of centralized command economies and have come to a grudging respect for markets, they continue to view poverty-racked societies as victims largely of outside forces rather than their own values.
The Wealth and Poverty of Nations: Why Some Are So Rich and Some So ... by Steinfels, Margaret O'Brien / Commonweal
The Than and Tan volume begins with an introductory essay by the coeditors in which they argue that the collapse of command economies, particularly in the Soviet Union, caused Vietnam's decision makers to rethink their ideological commitment to a centralized, command economy.
Vietnam at the Crossroads by Curry, Robert L., Jr. / Pacific Affairs
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