Money, Incentives and Efficiency in the Hungarian Economic Reform
Money, Incentives and Efficiency in the Hungarian Economic Reform

Author: Joseph C. Brada

Publisher: Routledge

Published: 2019-07-04

Total Pages: 148

ISBN-13: 1315491672

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The essays in this volume document the serious shortcomings of the Hungarian economic reform, which in two decades has brought deteriorating economic performance, declining real wages, a fiscal deficit and severe inflationary pressures. It has proved unexpectedly difficult to substitute a regulated market economy for a centrally planned one. The authors of these essays argue that the problems stem from the incompleteness of the reforms and their compromise character. Today, as the Hungarians prepare to implement more radical measures, constraining the Communist party and rolling back state ownership, they do so under economically difficult conditions.

Money, Incentives and Efficiency in the Hungarian Economic Reform
Money, Incentives and Efficiency in the Hungarian Economic Reform

Author: Joseph C. Brada

Publisher: Routledge

Published: 2019-07-04

Total Pages: 200

ISBN-13: 1315491680

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The essays in this volume document the serious shortcomings of the Hungarian economic reform, which in two decades has brought deteriorating economic performance, declining real wages, a fiscal deficit and severe inflationary pressures. It has proved unexpectedly difficult to substitute a regulated market economy for a centrally planned one. The authors of these essays argue that the problems stem from the incompleteness of the reforms and their compromise character. Today, as the Hungarians prepare to implement more radical measures, constraining the Communist party and rolling back state ownership, they do so under economically difficult conditions.

Money, Incentives, and Efficiency in the Hungarian Economic Reform
Money, Incentives, and Efficiency in the Hungarian Economic Reform

Author: Josef C. Brada

Publisher:

Published: 2015

Total Pages:

ISBN-13: 9781315491691

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The essays in this volume document the serious shortcomings of the Hungarian economic reform, which in two decades has brought deteriorating economic performance, declining real wages, a fiscal deficit and severe inflationary pressures. It has proved unexpectedly difficult to substitute a regulated market economy for a centrally planned one. The authors of these essays argue that the problems stem from the incompleteness of the reforms and their compromise character. Today, as the Hungarians prepare to implement more radical measures, constraining the Communist party and rolling back state ownership, they do so under economically difficult conditions.

Energy and Economic Reform in the Former Soviet Union
Energy and Economic Reform in the Former Soviet Union

Author: L. Dienes

Publisher: Springer

Published: 1994-01-21

Total Pages: 261

ISBN-13: 0230377157

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This book provides a succinct account of what may happen to the energy sector in the former Soviet Union in the medium- to long-run under alternative scenarios for macroeconomic reform. The analyses reveal the serious damage of the oil resource base caused by the reckless exploitation practices of the past. Production of oil and coal can recover only slowly from the doldrums of the early 1990s, but the potential to expand gas output is very considerable. Energy consumption practices have been extremely wasteful in the past. The total savings potential that could be accomplished as energy prices are allowed to rise, and incentives to economise on energy use are introduced, is huge. The analysis of production, and consumption prospects is disaggregated by major republic. The likely evolution of FSU energy exports until 2005 is also explored, and the impact that changing export flows could have on the international prices of oil, coal and natural gas, is discussed in detail.