Skip to main

SAGE Social Science Thesaurus

Search from vocabulary

Concept information

Término preferido

transition economies  

Definición

  • Transition economies are countries with economies in transition that abandoned state socialism and central planning and have been attempting a move to capitalism. The central process of economic transformation typically involves three fundamental, revolutionary, systemic changes, including liberalization, macroeco-nomic stabilization, and structural adjustment through commodification, marketization, privatization, and the reduction of the role of the state. [Source: Encyclopedia of Business in Today's World; Transition Economies]

Concepto genérico

Pertenece al grupo

URI

http://data.loterre.fr/ark:/67375/N9J-PNB6Q0WR-X

Descargue este concepto: