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The Importance of Trade for Developing Countries Read chapter Read first chapter

1989 | OriginalPaper | Chapter

Next Steps in the Hungarian Economic Reform

Author : Bela Balassa

Published in: New Directions in the World Economy

Publisher: Palgrave Macmillan UK

Included in: Professional Book Archive

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This essay will analyze the policies that may be employed to improve the performance of the Hungarian economy. After indicating the need for a restrictive macroeconomic policy and for the efficient promotion of exports, the essay will concentrate on the conditions existing in factor markets. Recommendations will be made for modifying the relative prices of labor and capital and improving the operation of markets for these productive factors in Hungary.

previous chapter The ‘New Growth Path’ in Hungary
next chapter China’s Economic Reforms in a Comparative Perspective
Metadata
Title
Next Steps in the Hungarian Economic Reform
Author
Bela Balassa
Copyright Year
1989
Publisher
Palgrave Macmillan UK
Book
New Directions in the World Economy

Print ISBN: 978-1-349-10590-8

Electronic ISBN: 978-1-349-10588-5

Copyright Year: 1989

DOI
https://doi.org/10.1007/978-1-349-10588-5_14

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