Hungary: An Economic Survey

International Monetary Fund

No 1982/008, IMF Occasional Papers from International Monetary Fund

Abstract: This paper presents an overview of the economy of Hungary. The paper highlights that during the Fifth Five-Year Plan (1976–80), actual growth rates for almost all major plan aggregates remained below the targets. The lower targets set for the increase in both consumption and investment in the 1976–80 plan relative to the rates achieved during 1971–75, reflected the government’s policy of moderating the growth of domestic demand. The actual average annual growth rate for investment closely approximated, whereas that of private consumption fell far short of the plan targets.

Keywords: OP; national bank of Hungary; producer price reform; loss-making enterprise; enterprise level; reform enterprise system; supply link; Producer prices; Imports; Credit; Currency convertibility; Exports; Europe; Global; Consumer prices (search for similar items in EconPapers)
Pages: 70
Date: 1982-12-04
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfops:1982/008

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