centralized economy in a sentence
Examples
- Khatami's conservative faction argues that a centralized economy and price subsidies are needed to cushion the poor from crippling inflation.
- After the revolution, in the 90's it passed a period of transition from a centralized economy to a market economy.
- Laos switched from a centralized economy to a market-oriented one in line with changes in neighboring Vietnam and eastern Europe.
- Although not as crucial to the centralized economy as it once was, sugar remains an important source of hard currency.
- Kuchma has since unveiled a reform plan aimed at rapidly replacing Ukraine's decaying, highly centralized economy with a free market.
- But analysts say it harks back to failed attempts in the 1980s to reform the Soviet centralized economy without dismantling it.
- The socialist state threw out multinational companies like IBM and a centralized economy made it hard for local competitors to flourish.
- Ironically, this notion of a planned or centralized economy is actually counterproductive to the goal of creating a strong, diverse economy.
- Under pressure from international lenders, Rao swiftly adopted a radical liberalization program that dismantled the centralized economy and invited outside investment.
- Soviet-era managers dutifully privatized their factories, pocketed the profits, and went on working on the same principle of a centralized economy.