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Siege Economy

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Siege Economy
An economy under such heavy government regulation that it cannot function properly. Examples of circumstances that may result in a siege economy include excessive taxes or laws that prevent growth. The appropriate amount of government intervention in an economy remains highly controversial.
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But the top 10 percent are making a fortune from the corrupt deals and import-export practices that always do well in a siege economy.
iran -- time to pull back by Albawaba.com
The minority white regime had bequeathed a distorted siege economy, close to collapse, which required long, painful fixing.
Thabo Mbeki: Profile by guardian.co.uk / guardian.co.uk
Hennessy cites approvingly the experience of World War II, when Whitehall successfully drafted in squads of outsiders to help run a siege economy.
Whitehall by Peet, John / Washington Monthly
 
 
 
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