Get Free Shipping on orders over $0
The Hungarian Model : Markets and Planning in a Socialist Economy - No Information Available

The Hungarian Model

Markets and Planning in a Socialist Economy

By: No Information Available

Hardcover | 16 October 1989

At a Glance

Hardcover


RRP $209.95

$184.75

12%OFF

or 4 interest-free payments of $46.19 with

 or 

Ships in 5 to 7 business days

This book provides an exceptionally thorough treatment of the Hungarian economy and its experience of economic reform. Within a wider discussion of the appliance and success of Soviet-type economies (STEs), the author investigates the decentralizing measures and market mechanisms which have been progressively introduced and considers the limits on and limitations of the Hungarian economic model. The reforms adopted since 1968, known initially as the New Economic Mechanism, were intended to build a system of market socialism combining micro-economic efficiency, indirect regulation and socialist ethical principles. However, the predicted improvements in the economy still have not fully materialized: living standards have begun to drop, output is sluggish and hard currency trade and payments have been a real difficulty. Indeed, change in the country's leadership is perhaps a recognition of the need for a clearer direction in the field of social and economic reform. This English version of Xavier Richet's French original provides much insight into what has gone wrong in Hungary and also suggests ways future pitfalls might be avoided.

Other Editions and Formats

Paperback

Published: 22nd September 2008

More in Macroeconomics

Skin in the Game : Hidden Asymmetries in Daily Life - Nassim Nicholas Taleb
Foundations of Macroeconomics - Jade Murphy
Principles of Macroeconomics : 1st Edition - Richard Holden

RRP $181.75

$163.75

10%
OFF
Money in the Twenty-First Century : Cheap, Mobile, and Digital - Richard Holden
Capital in the Twenty-First Century - Thomas Piketty

RRP $70.95

$52.99

25%
OFF
Economics : The Economist Guide - Philip Coggan
The Road to Freedom : Economics and the Good Society - Joseph Stiglitz
Macroeconomics : 3rd - Global Edition - Daron Acemoglu
Modeling Monetary Economies : 5th Edition - Bruce Champ

RRP $93.95

$73.99

21%
OFF