Transition to a Market Economy in Hungary

Jan Adam
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Jan Adam: University of Calgary

Chapter 5 in Social Costs of Transformation to a Market Economy in Post-Socialist Countries, 1999, pp 52-67 from Palgrave Macmillan

Abstract: Abstract Hungary was quite well prepared for a market economy. State enterprises were more autonomous and the price system was more liberal and rational, especially more so than in the CSR. On the other hand, Hungary was relatively the most indebted among the subject countries.

Keywords: Monetary Policy; Fiscal Policy; Real Wage; Budget Deficit; Wage Growth (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50087-7_5

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DOI: 10.1057/9780230500877_5

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