The Microeconomic Aspect of East-West Cooperation: The Hungarian Experience

Béla Csikós-Nagy

Chapter 12 in Economic Relations between East and West, 1978, pp 192-210 from Palgrave Macmillan

Abstract: Abstract This study is concerned with East—West cooperation in its microeconomic aspect, which it analyses in the light of the Hungarian experience. With Hungary, we focus on a socialist country whose economy is highly foreign-trade sensitive and marked by a substantial trade with the West. In 1975, Hungary’s exports accounted for over 40 per cent of her national income, and her foreign-trade turnover was divided between CMEA and non-CMEA countries in the proportion of 66:34.

Keywords: Foreign Trade; Joint Venture; Cooperation Agreement; Socialist Country; Foreign Partner (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16000-6_13

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DOI: 10.1007/978-1-349-16000-6_13

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