Characteristic of self-sufficiency, usually applied to political states or to their economic systems.
1Ethiopia, with its closed economy, is frequently cited as a role model.
2When Tendulkar played his first Test, in 1989, India was a closed economy.
3Rousseff has so far failed to advance on negotiations that could open up Brazil's overwhelmingly closed economy.
4Her drive to reform a corrupt and closed economy has made the economist popular with Western powers and Nigerians hoping for change.
5Macri, a free-market advocate, slashed export taxes upon taking office in an effort to boost economic activity in the previously closed economy.
6Macri, a free-market advocate, has worked to boost economic activity in the previously closed economy, but is struggling to reverse an economic crisis.
7Ngozi Okonjo-Iweala's drive to reform a corrupt and closed economy has made her popular with Western powers and many Nigerians hoping for change.
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Translations for closed economy