From Longman Dictionary of Contemporary Englishpolitical economypoˌlitical eˈconomy noun [uncountable] PEthe study of the way nations organize the production and use of wealth
Examples from the Corpus
political economy• Very recently, however, there have emerged important signs of a change within those working within a political economy perspective.• This combination of politics and economics is called political economy.• The absence of competition in the command political economy can result in problems as serious as those from excessive competition.• The other major system of political economy prevailing in the world today is socialism.• In this sense, Keynes's General Theory may well be regarded as self-defeating in terms of its impact on political economy.• If our political economy remains backward, our intellectual economy has leaped ahead.From Longman Business Dictionarypolitical economypoˌlitical eˈconomy1[uncountable]ECONOMICS the study of the way countries organize the production and the use of wealth2[countable, uncountable]ECONOMICS the way an economy is organized in a particular countryHaiti is the Caribbean country with the worst political economy whether measured by per capita income, life expectancy, or inflation. → economy 