Enterprises in Hungary Before and After the Economic Reform

Rezsö Nyers and Márton Tardos
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Rezsö Nyers: Hungarian Academy of Sciences
Márton Tardos: Institute for Economic and Market Research

Chapter 10 in Public and Private Enterprise in a Mixed Economy, 1980, pp 161-193 from Palgrave Macmillan

Abstract: Abstract For better understanding we must begin by distinguishing between a socialist economy and a mixed one: an economy organised on socialist lines is essentially different from and cannot be identified with a mixed economy organised on a capitalist footing. In an economy operating on socialist principles the foundation rests on a planned economy relying on state and cooperative ownership, although the market plays an important role too. At the same time, in a socialist economy where the market relations are well-developed, certain similarities with mixed economies will emerge, as will be described later.

Keywords: Foreign Trade; Socialist Enterprise; Socialist Economy; Price System; Socialist Country (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16394-6_19

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DOI: 10.1007/978-1-349-16394-6_19

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