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planned economy
(redirected from State-directed economy)

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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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The 150-day effort due to end in October, could not succeed without essential changes to the state-directed economy, Ko Yuh-Hwan, a professor at Seoul's Dongguk University, told AFP.
NKorean drive to revive economy doomed: analysts by AFP / AFP Asian Edition
Singh is largely credited with bringing free market principles to a state-directed economy from his role as Finance Minister.
India: The easiest investment you will ever make … by Andrew Mickey / Stockhouse
That met with some success, but in the process the country lost control over its monetary policies: in order to receive international aid the government had to dismantle its state-directed economy (publicly run enterprises) and social programs.
Sovereign bankruptcy: for a long time, Argentina had Latin America's ... by Canada and the World Backgrounder
 
 
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