Established Market Economies
Key Facts
Abbreviation
EME
Pronunciation
/ɪˈstæblɪʃt ˈmɑrkɪt ɪˈkɑnəmiz/
Category
Business
Related Field
International Business
Examples in Context
- The establishment of mineral property right system is a prerequisite for rational development of oil and gas resources, and perfect oil-gas property management systems with different characteristics have been established in advanced market economies.
- China, as a developing country, may take for reference with great courage the established achievements of mature western market economies, meanwhile rely on cultivating rational market-compliant spirits from inside.
- The OECD was established in1961in an effort for developed natio to study and implement economic reform in market economies, co-ordinate aid to developing countries, increase the liberalization of trade and establish a forum where trade matters could be discu ed.
- Public employment agencies as part of institutional reforms are established and developed from a top down approach by the government forces, but the growth and prosperity of private employment agencies are mainly the results of development of market economies.