market economy

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market economy

an economic system in which production and allocation are determined mainly by decisions in competitive markets, rather than controlled by the STATE.
References in periodicals archive ?
interest rates, there is an increase in cross-border loan volumes by global banks, particularly with regard to emerging market economies. Studying the 1980-2015 period, even after accounting for differences in GDP growth, inflation, and forecast future economic performance, they find that a 4 percentage point cut in the Federal Reserve's target interest rate (a typical decrease during an easing cycle) increased loan volumes in emerging markets by 32 percent relative to the volumes in developed markets.
policymakers' seeming indifference to the emerging market economies is a recent statement by Federal Reserve Chairman Jerome Powell that the emerging market economies should have little difficulty in handling the Fed's normalization of interest rate policy.
The report also notes that global debt ratios have been on an almost uninterrupted ascending trend since World War II, mostly because of borrowings by advanced economies, but emerging market economies have taken the lead in the aftermath of the GFC.
Market economies, to deliver acceptable performance, require that all adjustment are generally "costless." Notice in the above examples that there may be no possible adjustments to be chosen.
8 on "Market Economies: Insights and Warnings of Catholic Social Teaching."
Near-term risks include increased financial market volatility and disruptive asset price shifts, while lower potential output growth remains an important medium-term risk in both advanced and emerging market economies. Lower commodity prices also pose risks to the outlook in low-income developing economies after many years of strong growth.
After a period of dramatic economic decline in the 1990s, the emerging market economies in Central and Eastern Europe experienced strong economic growth and a steady catch-up began with average welfare levels in the EU.
As edited by Kohli, CEO of the Centennial Group, these contributors examine emerging market economies (EMEs) and how private capital has increased in recent years to stimulate these market conditions.
History has shown us that market economies around the world have succeeded and socialist economies have not.
Presentations by State Minister for Federal and European Affairs in the German Federal State of Hessen, Volker Hoff, and Secretary General of the Economic Council of the Christian Democratic Union Hans Jochen Henke, showed how the model worked and how it could be adapted for use in the Middle East.Mr Hoff explained to the conference that "Social Market Economies" combine market freedoms with the principles of social compensation, thus ensuring profits for the private company, at the same time ensuring gains for the labor force.
Table 1 shows estimates of labour productivity levels for the total and market economies for 2004, updating previous estimates for 1999 in O'Mahony and de Boer (2002).
(50) Although China is considered a non-market economy, the petition was based on the theory that this particular industry was sufficiently market-oriented that the DOC could reliably use the economic data provided by the industry itself consistent with the standards utilized for CVD investigations in market economies. (51)