What legendary economist Joseph Schumpeter called creative destruction is a constant in a free-market economy.
Wen is now asking for the EU to give China recognition as a market economy.
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Social market economy can cushion a lot of the ugly downsides of pure capitalism.
India is developing into an open-market economy, yet traces of its past autarkic policies remain.
It has become axiomatic that a free market economy is the best path to prosperity.
The revised constitution allows the introduction of a market economy, although at a primitive level.
The National Assembly this week urged the government to press on with building a market economy.
Demand in a free market economy can never be inadequate for economic growth and prosperity.
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Having two different prices for the exact same product is not sustainable in a free market economy.
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President GEORGE W. BUSH: I think it's in the world's interest that China grow open market economy.
How can a free market economy exist when big actors cheat, break laws, and only get fined.
In a free market economy, the recession itself causes price changes that create incentives for job creation.
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The three situations she spotlights exemplify a larger if not yet secure emergence of a market economy.
In a market economy, consumer demand can never be inadequate for the economy to grow and prosper.
The two candidates have much in common, believing in a democratic state based on a free-market economy.
But in a market economy some form of non-job welfare or state provision of services is simply necessary.
The Rhineland model may be seen as a regulated market economy with a comprehensive system of social security.
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Democratic ideals and concepts of popular participation are closely linked with principles of competition and the free-market economy.
Agenda 2010 was a plan to jump-start the country's social market economy with tax cuts and entitlement reductions.
Nowadays, with the Tories and Labour both supporting the principles of a market economy, that argument is weaker.
Under 5% have made any attempt to reorganise their operations to take account of the new market economy.
Georgia under President Mikheil Saakashvili has aligned itself with Nato and tried to integrate itself into the market economy.
In a market economy, the government can create the right incentives by using a combination of carrots and sticks.
This cannot be done by limiting the market economy or opting for isolationism.
Not all that much of a surprise really, in a market economy prices are signals, information to be digested.
So perhaps a market economy (for the wealthy initially) pulls in early detection.
Ultimately a free market economy works because it is a consumer driven economy.
The desire for larger families has been considerably blunted by China's transition in recent years to a market economy.
How customers decide what, where, and when to buy is one of the most significant in our market economy.
Some economists argue that those countries should learn from Chile's open market economy, tight banking supervision and capital controls.
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