A Short Postcommunist Economic History of Emerging Europe

Julia Király ()

Chapter Chapter 1 in Hungary and Other Emerging EU Countries in the Financial Storm, 2020, pp 1-6 from Springer

Abstract: Abstract Due to the collapse of the former Soviet Empire, new market economies experienced a large-scale loss of external markets, the loss of former economic relations, that is, a devastating external shock. The transformation shock led to escalating internal and external debts, double-digit inflation, asset devaluation, and the capital loss of the corporate, and the financial sectors. This chapter gives a short economic history of the Central and Eastern European (CEE) countries since the transition of 1990 and details the precrisis political and economic environment in Hungary, with special regard for the fiscal alcoholism and the crisis of the socialist government 2002–2010.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-030-49544-2_1

Ordering information: This item can be ordered from
http://www.springer.com/9783030495442

DOI: 10.1007/978-3-030-49544-2_1

Access Statistics for this chapter

More chapters in Financial and Monetary Policy Studies from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().