market economy

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  • noun

Synonyms for market economy

an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

References in periodicals archive ?
economic cycle, the Trump Administration seems to be disregarding how seriously the emerging market economies might be affected by higher U.S.
Yet, the gap between the debt of the G20 advanced and emerging market economies is still significant, exceeding 90pc of GDP on average, Low-income countries only account for less than 1pco of the global debt.
In liberal market economies, firms are primarily driven by competition, whereas in coordinated market economies firms coordinate with other actors by strategic interaction.
Like the information technology revolution of the past few decades, the solar revolution will invigorate market economies by transforming the way in which we use energy, he says.
In particular, his argument that "a guaranteed minimum income may be achievable only where a functioning market economy has first created an appropriate level of material prosperity" and thus that "this wealth also enables to citizens of free market economies to be guaranteed a subsistence level income to ensure that no one need ever go without the basic essentials of life as a result of a loss of income due to some misfortune or foolishness" (85) is somehow out of tune with the rest of his book.
The 184 member countries of the International Monetary Fund (IMF) approved a proposal on September 18 to overhaul the way voting shares are distributed in the organization, raising the stakes of Korea and several other emerging market economies. Korea, the world's 12th largest economy, had its share of the total votes in the IMF raised from 0.764 percent to 1.346 percent, jumping from 28th to 19th place in terms of influence out of the 184 voting countries.
Intellectuals in the Western tradition came to think of the idea of non-discrimination as the foundation of economic theory and a source of the efficiency of market economies. Extended to political, civil, and even intellectual life, it also becomes a basic principle of Western democracy, and the American ideology of equal opportunity.
The Department of Commerce (Commerce) classifies China as a nonmarket economy (NME) and uses a special methodology that is commonly believed to produce AD duty rates that are higher than those applied to market economies. Commerce may stop applying its NME methodology if it finds that China warrants designation as a market economy.
We believe e-Learning can efficiently enhance lifelong learning and support economic development, especially in new member countries transitioning from former socialistic to free market economies.
Thomas Connors will continue to oversee the Advanced Foreign Economies and Emerging Market Economies sections, as well as the Administrative Office.
However, market economies are not without inequities and failures.
The lessons of history are clear: market economies, not command-and-control economies with the heavy hand of government, are the best way to promote prosperity and reduce poverty.
Where once the focus of comparative economic studies was on a comparison between centrally-planned economies and market economies, the transformation of the former centrally-planned economies into market economies makes such studies less relevant.
Those with market economies, democratic political procedures, enforced property rights, dispute resolution, and companies that operate efficiently will hurtle ahead.
The original decision was taken to reflect the progress China and Russia were making to becoming market economies. Both regular targets in dumping probes - Russia and China long complained that their non-market status discriminated against them as it forces anti-dumping investigators to make too many simplistic assumptions.