The Hungarian Model: Markets and Planning in a Socialist Economy: 64 (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 64) - Softcover

Richet, Xavier

 
9780521060646: The Hungarian Model: Markets and Planning in a Socialist Economy: 64 (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 64)
Softcover
ISBN 10: 0521060648 ISBN 13: 9780521060646
Publisher: Cambridge University Press, 2009

Synopsis

This book provides an exceptionally thorough treatment of the Hungarian economy and its experience of economic reform. Within a wider discussion of the appliance and success of Soviet-type economies (STEs), the author investigates the decentralizing measures and market mechanisms which have been progressively introduced and considers the limits on and limitations of the Hungarian economic model. The reforms adopted since 1968, known initially as the New Economic Mechanism, were intended to build a system of market socialism combining micro-economic efficiency, indirect regulation and socialist ethical principles. However, the predicted improvements in the economy still have not fully materialized: living standards have begun to drop, output is sluggish and hard currency trade and payments have been a real difficulty. Indeed, change in the country's leadership is perhaps a recognition of the need for a clearer direction in the field of social and economic reform. This English version of Xavier Richet's French original provides much insight into what has gone wrong in Hungary and also suggests ways future pitfalls might be avoided.

"synopsis" may belong to another edition of this title.

Book Description

This book provides an exceptionally thorough treatment of the Hungarian economy and its experience of economic reform. Within a wider discussion of the appliance and success of Soviet-type economies (STEs), the author investigates the decentralising measures and market mechanisms which have been progressively introduced and considers the limits on and limitations of the Hungarian economic model.

"About this title" may belong to another edition of this title.

Publisher
Cambridge University Press
Publication date
2009
Language
English
ISBN 10 
0521060648
ISBN 13 
9780521060646
Binding
Paperback
Edition number
1
Number of pages
224

Other Popular Editions of the Same Title

9780521343145: The Hungarian Model: Markets and Planning in a Socialist Economy: 64 (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 64)

Featured Edition

ISBN 10:  0521343143 ISBN 13:  9780521343145
Publisher: Cambridge University Press, 1989
Hardcover