0 an economic system in which industry is controlled by the government and the government makes all decisions about what to do with the money made -- 計劃經濟
The index ranges from 0 (an unreformed planned economy) to 1 (extensively reformed economy).
In that lecture she contrasted two ideal types, the market economy and the rational planned economy.
The old economic regime represented a more centralized and planned economy, while the current one is becoming more decentralized and market-oriented.
He thought that economists who did not believe in centralised economic management, who rejected planning, 'cannot usefully work in a country with planned economy'.
Such a regime has effectively ended seafarers' dependency on shipping companies, the traditional 'work units', which were a most important hallmark of the planned economy.
Due to the over-centralised planned economy and the lack of competition many goods and services were scarce.
However, the centrally planned economy was unable to keep up with rising consumer expectations.
The problem with the planned economy is that it requires agreement on the relative ordering of different ends.
