economy in transition


 

Kindly note that this presentation of LEO has now been integrated with the InforMEA Portal.

 

Definition: 

Countries moving from centrally-planned to market-oriented economies. These countries - which include China, Mongolia, Vietnam, former republics of the Soviet Union, and the countries of Central and Eastern Europe - contain about one-third of the world's population. (Source: World Bank)

Other relations

  • economy in transition (CMS)
Broader
economy
Synonyms
  • transition economy
  • transitional economy

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