Money, Incentives and Efficiency in the Hungarian Economic Reform

Istvan Dobozi author Joseph C Brada author

Format:Hardback

Publisher:Taylor & Francis Inc

Published:30th Sep '90

Currently unavailable, and unfortunately no date known when it will be back

Money, Incentives and Efficiency in the Hungarian Economic Reform cover

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.

ISBN: 9780873325660

Dimensions: unknown

Weight: 453g

200 pages