transition economy

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transition economy

a term used to describe a country the economic system of which is moving away from a CENTRALLY PLANNED ECONOMY based upon a centralized national plan to a decentralized PRIVATE-ENTERPRISE ECONOMY based upon the PRICE SYSTEM.
References in periodicals archive ?
"Inflation is quite high, which is not surprising for a country with transitional economy that is pursuing liberalization and trying to bring prices to the level of self-sufficiency," Eger added.
Ben Ahmed emphasised the need to support Tunisia in its process of the transitional economy, through exceptional measures that the European Union should take in favour of several strategic sectors, like agriculture, reinforcement of innovation and technological exchanges as well as facilitating the movement of professionals in Europe, without a visa.
We find that Vietnam is also a transitional economy in which the government holds shares of many listed firms.
Sri Lanka can be categorized as a transitional economy considering it is just emerging from 30 years of terrorism and a debilitating war, all of which had taken a heavy toll on its economy, its governance structures and its social fabric.
Bosnia and Herzegovina is a transitional economy that is pursuing membership in the European Union and the World Trade Organization.
(1995), "Accounting in Transition in the Transitional Economy," European Accounting Review, Vol.
(91) Instead, they propose scrutinizing the policy goals of a transitional economy, considering the benefits and the expenses of completing the policy goals, and evaluating the appropriateness of the policy.
We have adapted to the transitional economy, re-exporting Chinese goods to other countries.
Yet, most of the research on the link between EO and organizational performance focus on the mature market economy and the nature of this relationship in the context of a transitional economy such as China is still relatively under researched (Bruton et al.
EBRD implemented similar programs also in some other countries with transitional economy, including in Georgia, Moldova,
Some of the key topics include Businesswomen and Corporate Social Responsibility (CSR), Investment and asset management strategies, challenges facing Arab businesswomen in the transitional economy, the role of NGOs and the empowerment of women and Risk/Reward scenarios for women entrepreneurs within the prevailing cultural constraints.
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