During China's transition from centrally planned economy to market economy, one remarkable feature is the quick development of non-state enterprises (NSEs) outside of the planning system.
Traditional institutional arrangement under a centrally planned economy was weak of regulation.
EVER since raul Castro took the REINS of power in Cuba in 2006, he has seemed to hint that he wants to reform the island's moribund centrally planned economy.
Slovakia has mastered much of the difficult transition from a centrally planned economy to a modern market economy.
The centrally planned economy was also good at funnelling cheap capital and resources to industries.
But while the new left is critical of neoliberalism, they are not advocating return to a centrally planned economy.
The country's transition from a centrally planned economy toward a market based economy continued.
This is a centrally planned economy.
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