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 ?
But such goals can only be realized under a real market-oriented economy and it is time for China to create one.
Chile has a market-oriented economy, and is reputed for the presence of strong financial institutions.
He underlined that Morocco has opted, since independence, for partisan pluralism and market-oriented economy, stressing the characteristics of bicameralism and the main aspects of the constitutional reform, announced by HM the King in his speech of March 9.
The danger, some feel, is that a move towards a more market-oriented economy will destroy these achievements, and leave Belarusians sharing the same bitter-sweet jokes as their fellow eastern Europeans.
This overview of major developments in China's economy over the past 30 years emphasizes the laws, policies, and institutional reforms that have fostered the country's transformation from a centrally planned economy to a more market-oriented economy.
Laos had adopted a market-oriented economy and experienced satisfactorily high rates of growth prior to the global economic crisis.
Tunisia has developed a diverse, market-oriented economy and is expected to see only a mild drop of GDP growth last year as a result of the global economic crisis, that pushed annual growth to return to pre-crisis levels of around 5 to 6%.
And so, we now have China as a communist party-led state with a market-oriented economy.
The shift toward a market-oriented economy coupled with conditions conducive to growth prior to its reforms entailed immense economic evolution, and the Chinese economy still remains bullish even in the midst of the global recession.
Decades of cheap state-subsidized goods during the regime of Saddam Hussein have given way to a market-oriented economy in the wake of the 2003 U.
A rising star in terms of wealth creation, China's transition to a market-oriented economy is producing a stream of 'nouveau riche' and China's millionaires club is expanding rapidly.
Hale spoke about the positive changes that Jordan has witnessed over the past years, and the new phase of development characterized by a market-oriented economy capable of attracting large multimillion-dollar projects, deeper integration-across sectors and increased competitiveness, where environmental protection and research and development activities are opening the door to new, superior business opportunities.
First, how successful were the reforms and how does that balance the opposing stand of capitalist-inspired market-oriented economy versus the central-planning economy practised by the CPV all along?
Since the 1970s, China's economy has changed dramatically: from a centrally planned system, largely closed to international trade, to a market-oriented economy with a rapidly growing private sector.
Despite the challenges of reconciling the socialist state and market-oriented economy, closing the large regional income gap, and alleviating the high non-performing asset problem, China will manage to grow faster than the Indian economy--which will also grow fast--until it reaches a per capita income level of, say, $4,000-$5,000.