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Hungary : An Economy in Transition - Istvan P. Szekely

Hungary

An Economy in Transition

Hardcover

Published: 20th December 2004
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The economic transformation of Hungary has reached a critical stage. This book presents some of the local arguments and perceptions informing the current debate, and critical examination of these ideas by an international panel of scholars. Chapters address the privatization program; reform of financial, tax and legal systems; integration into the international financial and monetary systems; labor markets, unemployment and the social safety net; and the political economy of the current economic transformation.

"This excellent volume will be of value to scholars studying the economics of transition. The editors have succeeded in presenting a comprehensive analysis of Hungary's transition from a centrally planned to a market economy." Slavic Review "This interesting and informative collection of papers represents the proceedings of a 1992 conference held in London. In it, one may find many fascinating discussions..." Choice "As a presentation of Hungarian views on the Hungarian transition, the book gives information, experiences, and many original insights for the interested reader. It is indispensable reading for those who work on problems of post-socialist economies or developing economies where market institutions are in infancy. The discussion sections, where an international panel of discussants puts the essays into a broader and critical perspective, contribute much to achieve a balanced account of the Hungarian transition strategy." Andras Simon, Journal of Comparative Economics "This is a book that no serious student of the Hungarian economy can afford not to have on his or her library shelf. That this work should be considered a reference work is all the more remarkable in view of the fact that it is an edited volume, containing sixteen essays and an approximately equal number of comments on them. It is not often that edited volumes make a lasting contribution to the literature. Equally remarkable, this book is still highly recommended, even though this review is being written more than three years after the February 1992 conference on whose proceedings the volume is based. The useful shelf life of this book should extend well into the next decade." Paul Marer, Review of Social Economy

Introduction
Foreign Trade
Economic consequences of Soviet disintegration for Hungary
Regional cooperation in East-Central Europe
Export supply and import demand in Hungary: an econometric analysis for 1968-1989
Discussion of Part I
Privatization and Competition Policy
10 percent already sold: privatization in Hungary
Hungary: a unique approach to privatization - past, present and future
Competition policy in transition
Discussion of Part II
The Financial System and Private Savings
Short-run money market model of Hungary
The modernisation of the Hungarian banking sector
Changing structure of household portfolios in emerging market economics: the case of Hungary, 1970-1989
Discussion of Part III.
Foreign Debt and Monetary Policy
Hungary's foreign debt controversies and macroeconomic problems
Managing foreign debt and monetary policy Werner Riecke
Discussion of Part IV
Legislative and Tax Reform
A legal framework for the Hungarian transition, 1989-1991
Tax reform in Hungary
Discussion of Part V
Labour Markets, Unemployment and Social Security
The transformation of shop floor bargaining in Hungarian industry
The social security crisis in Hungary
Discussion of Part VI
State Desertion
State desertion and convertibility the case of Hungary
Discussion of Part VII
Conclusion Sir
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521440189
ISBN-10: 0521440181
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 392
Published: 20th December 2004
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 23.4 x 15.6  x 2.2
Weight (kg): 0.72