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Money, Incentives and Efficiency in the Hungarian Economic Reform

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

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Synopsis

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.

BusinessEconomicsDevelopment economicsBusinessEconomicsEconomic growthBusinessEconomicsMacroeconomicsFiction & PoetryPoetryPoetry anthologies by various poetsHistory & PoliticsPolitics & governmentPolitical activismArmed conflictHistory & PoliticsPolitics & governmentPolitical structure & processes Publisher: Taylor & Francis Inc Publication Date: 30/09/1990 ISBN-13: 9780873325660  Details: Type: Hardback Format: Books
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