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.

Market socialism is a type of economic system where the means of production are either publicly owned or socially owned as cooperatives and operated in a market economy.

This economic system supports a capitalist free market economy subject to control by a democratic political system that is supported by the majority.

The same may be said about the market economy.

Through 30 years of reform, China has successfully completed the institutional transition from a highly centralized planned economy to a dynamic market based system.

The market economy is unsurpassed as a system for creating wealth, but only social compensation ensures that this wealth is distributed in a just manner.

Other than the burden of the low salaries throughout Bosnia and Herzegovina, the compensation system is also burdened by other payments unknown in a market economy.

Therefore, market economies were inherently unstable.

Liberty has found its full expression in the market economy.

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

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

To see this, consider what a market economy is all about. Some, including Pope Francis, would say that it is about greed a system in which everybody cares only about herself.

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

The hydrogen economy is a proposed system of delivering energy using hydrogen.

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.

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

The automobile and electrical engineering industries have been at the forefront of the bazaar economy.

Markets are the essence of a market economy in the same sense that lemons are the essence of lemonade.

Sarkozy believes in the efficiency of markets and will shy away from state intervention in the economy.

Our investments are aimed at the development and support of market economies across the region.

Mexico s left refuses truly to embrace market economics, representative democracy, and the rule of law.

Data from State Statistical Agency under the Government of the Republic of Tajikistan, report Results of analysis of gender problems based on materials from the compilation 'Gender Statistics in Republic Tajikistan' and sampling , Dushanbe, 1999.

So, in 2006, a revised version of the law was enacted, marking an important milestone in China s efforts to build an effective legal system as it moves towards a market economy.

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.

Compared with the original bankruptcy code, the 2006 code is firmly rooted in the needs of a market economy.

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

Such a contribution depends on the existence of an environment conducive to the functioning of a market economy and domestic and foreign investment.

Ironically, China s transformation from a state directed to a market driven economy may require the greatest amount of planning of all.

To be sure, political and market volatility in a broad range of emerging market economies will continue.

After all, it is much more difficult to make an argument for market economies when they are under siege.

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

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

China s government services supply chain plays an important role in orchestrating and supporting the market economy s development.

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.

Decentralization is considered as an important tool to facilitate a shift from centrally planned management to a market economy.

The Russian Federation has undergone a drastic reform process since its transition from a centrally planned to a market oriented economy.

Half a century ago, the free market economist Friedrich von Hayek argued that a large public sector would threaten democracy itself, putting European countries on a road to serfdom. Yet the Nordic states have thrived, not suffered, from a large social welfare state, with much less public sector corruption and far higher levels of voter participation than in the US.

Indeed, emerging market economies should reduce their accumulation of foreign assets rather than hope to weather the political backlash against SWF s in the US and EU.

The growth of SWF s is a direct consequence of the accumulation of more than 5 trillion in foreign reserves by emerging market economies in Asia and among oil and commodity exporting countries.

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

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

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

Measures must be taken to limit the effects of the market economy, which is increasingly restricting our weak economies.