centrally planned economies | | a term applied mainly to the traditionally Communist states that looked to the former USSR for leadership; most are now evolving toward more democratic and market-oriented systems; also known formerly as the Second World or as as the Communist countries; through the 1980s, this group included Albania, Bulgaria, Cambodia, China, Cuba, Czechoslovakia, German Democratic Republic, Hungary, North Korea, Laos, Mongolia, Montenegro, Poland, Romania, Serbia, USSR, Vietnam | centrally planned economies |
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This page was last updated on 20 July, 2008 |
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