Money, Incentives and Efficiency in the Hungarian Economic Reform (Hardcover)

The essays in this volume document the serious shortcomings of the Hungarian economic reform, which in two decades has brought deteriorating economic performance, declining real wages, a fiscal deficit and severe inflationary pressures. It has proved unexpectedly difficult to substitute a regulated market economy for a centrally planned one. The authors of these essays argue that the problems stem from the incompleteness of the reforms and their compromise character. Today, as the Hungarians prepare to implement more radical measures, constraining the Communist party and rolling back state ownership, they do so under economically difficult conditions.

General

Imprint:	M.E.Sharpe
Country of origin:	United States
Release date:	September 1990
First published:	1991
Authors:	Joseph C. Brada • Istvan Dobozi
Dimensions:	229 x 152mm (L x W)
Format:	Hardcover
Pages:	200
ISBN-13:	978-0-87332-566-0
Categories:	Books > Social sciences > Politics & government > Political structure & processes > General Books > Business & Economics > Economics > Macroeconomics > General
LSN:	0-87332-566-4
Barcode:	9780873325660

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