The same may be said about the market economy.

Liberty has found its full expression in the market economy.

The second half of the twentieth century witnessed the victory of the market economy over the administered economy.

The reformist option fully accepts the internationalization of today s market economy.

January 2006 will usher in the CARICOM Single Market and Economy.

We have liberalized our economy and have adopted free market policies.

It also offered basic understanding of economy, market, environment and technology.

An economy with neither bankruptcies nor a rule of law that applies equally to all is no market economy.

Indeed, the stock market is an important component of any modern economy.

In many ways Syria is going through the Egypt model of transformation from socialist economy to a free market economy.

We believe in a market economy, Lord Liverpool s reasoning went, but not when the prices a market economy produces lead to mass unemployment on the streets of London, Bristol, Liverpool, and Manchester.

Real progress on the economy requires certainty on status combined with a healthy environment for investors and a functioning market economy.

A market economy must rest on the economic principle of profit and loss.

Merkel and the German social market economy are, in effect, at a crossroads.

But such a relative price system is feasible only in a market economy.

In fact, the market economy can function only if the state does intervene.

It is already a market economy and it is certainly located in Europe.

China s excess capacity problem reveals a serious defect in its socialist market economy.

Misguided regulation or market failures that harm competition anywhere can burden the entire economy.

Public institutions were rapidly modernized, political democracy adopted, and a standard market economy created.

System liberals believe that Russia has, on the whole, built an acceptable market economy.

Despite close relations with the Soviet Union, Finland remained a Western European market economy.

Lazonick, William (2001). Public and corporate governance the institutional foundations of the market economy.

First, a market economy was created, the rule of law established, and democratic institutions built.

NEW YORK A sure sign of a dysfunctional market economy is the persistence of unemployment.

A monopoly is poison for a market economy, because it increases prices and decreases volume.

Despite recent financial market turbulence, the underlying dynamic of the world economy remains essentially unchanged.

Its economy has boomed thanks to oil and gas exports, not to healthy market developments.

Indeed, the widespread use of market contracts with publicly owned companies was a recent and important adaptation in the move toward a socialist market economy.

The second module explained how the livestock market works, concepts in micro economy, and the mechanism of market based pricing and management of agricultural properties.

The best hope for most North Koreans is the subterranean market economy that fills the gaps in the state s planned economy and public distribution system.

Whereas the Russian experience clearly demonstrated the importance of strong state institutions in regulating a market economy, the free market model s fierce ideological opposition to a large state role in the economy offered a poor guide to building them.

The political institutions needed for an effective market economy are largely missing, and corruption is rampant.

Theoretically, there remain different parties, elections, a pluralistic society, an independent judiciary, and a market economy.

That is why steering the economy by the dictates of market confidence is a fool s errand.

They also participate successfully in a market economy while seeking to preserve an egalitarian social model.

On January 2, 1992, Moldova introduced a market economy, liberalizing prices, which resulted in rapid inflation.

As an agriculturally based economy, Vanuatu is subject to the fluctuating global market for its produce.

But there is reason to be hopeful the American economy, labor market, and stock market have historically fared a bit better in years of divided government.

Those who think that globalization, technology, and the market economy will solve the world s problems seemed subdued.

China s government never believed that it should leave what happens in the economy solely to the market.

Second, reintegrating the unemployed even into a smoothly functioning market economy would prove to be very difficult.

The market economy and the profit motive have led to extremely high living standards in many places.

Expectations and confidence in democracy, the market economy, and the larger European project have suffered as well.

Of course, this was publicly justified in terms of stimulating the economy, not supporting the stock market.