Definition(s)
Countries moving from centrally-planned to market-oriented economies. These countries - which include China, Mongolia, Vietnam, former republics of the Soviet Union, and the countries of Central and Eastern Europe - contain about one-third of the world's population. (Source: World Bank)

See all documents containing the keywords "economy in transition"

Broader

Used for

  • transition economy
  • transitional economy
The accuracy of the information is the responsibility of the contributing source. In case of discrepancies / technical issues the information at the source prevails. Please help us improve this site – report issues here