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Post date: Feb 23, 2010 3:46:38 PM

assalam-o-alaikum

sir can u plz tell me what are non-transition economies?

ANSWER: Transition economies are those making a transition from Communism/Socialism to Capitalism, like Russia and its former states, Georgia, etc. as well as China. I have never heard this word non-transition economy before, but it might mean those which are NOT making such a transition, like Cuba. AZ