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Look Inside Hungary: Towards a Market Economy

Hungary: Towards a Market Economy

$49.99 (Z)

László Halpern, Charles Wyplosz, Pál Gáspár, David Begg, Balázs Világi, János Vincze, Giancarlo Perasso, Isvtán Hamecz, Isvtán Zsoldos, Ratna Sahay, Mária Lackó, Michael A. Landesmann, Ádám Török, Gábor Körösi, Jan Svejnar, László Szakadát, Jérôme Sgard, Jenö Koltay, George Kopits, Iván Csaba, András Semjén, Christine H. Allison, Árpád Ábrahám, Gábor Kertesi, Michael Burda
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  • Date Published: March 2011
  • availability: Available
  • format: Paperback
  • isbn: 9780521142700

$49.99 (Z)
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About the Authors
  • Hungary: Towards a Market Economy is the latest in the successful sequence of volumes on major topics in international economics published under the auspices of the Centre for Economic Policy Research. This volume offers the most recent and up-to-date assessment of the Hungarian economy, combining intimate local knowledge with up-to-date modes of economic analysis. It will be of interest to all those following the process of economic transition, whether academic researchers, students, policy-makers or analysts.

    • A comprehensive analysis of the Hungarian economy, the 1996 addition to our successful list in the economics of transition
    • Part of the successful sequence with the Centre for Economic Policy Research
    • Original research and analysis from leading academics in this field
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    Reviews & endorsements

    "...the most comprehensive and thorough account of the Hungarian economic reform processes of the 1990s..." Paul Hare, Slavic Review

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    Product details

    • Date Published: March 2011
    • format: Paperback
    • isbn: 9780521142700
    • length: 412 pages
    • dimensions: 229 x 152 x 23 mm
    • weight: 0.6kg
    • availability: Available
  • Table of Contents

    List of figures
    List of tables
    Foreword
    Acknowledgements
    List of conference participants
    1. The hidden Hungarian miracle László Halpern and Charles Wyplosz
    Part I. Macroeconomic Policy:
    2. Fiscal difficulties in the transition: the case of Hungary between 1991 and 1995 Pál Gáspár
    Discussion David Begg
    3. The interest rate transmission mechanism in Hungary, 1991–5 Balázs Világi and János Vincze
    4. The nature of Hungarian inflation Isvtán Hamecz, János Vincze and Isvtán Zsoldos
    Discussion Ratna Sahay
    5. The hidden economies of Visegrád countries in internal comparison: a household electricity approach Mária Lackó
    Discussion Michael A. Landesmann
    Part II. Industrial Structure:
    6. Corporate governance in the transition - the case of Hungary: do new structures help create efficient ownership control Ádám Török
    7. Corporate performance in the transition: econometric analysis of Hungarian exporting firms, 1985–94 László Halpern and Gábor Körösi
    Discussion Jan Svejnar
    8. Hungary's Ponzi game László Szakadát
    Discussion Jérôme Sgard
    Part III. Labour Markets:
    9. The minimum wage in Hungary: subsistence minimum and/or bargaining tool Jenö Koltay
    Discussion George Kopits
    10. Welfare institutions and the transition: in search of efficiency and equity Iván Csaba and András Semjén
    Discussion Christine H. Allison
    11. Regional unemployment rate differentials in Hungary, 1991–5: the changing role of race and human capital Árpád Ábrahám and Gábor Kertesi
    Discussion Michael Burda
    Index.

  • Editors

    László Halpern, Hungarian Academy of Sciences, Budapest

    Charles Wyplosz, Université de Genève

    Contributors

    László Halpern, Charles Wyplosz, Pál Gáspár, David Begg, Balázs Világi, János Vincze, Giancarlo Perasso, Isvtán Hamecz, Isvtán Zsoldos, Ratna Sahay, Mária Lackó, Michael A. Landesmann, Ádám Török, Gábor Körösi, Jan Svejnar, László Szakadát, Jérôme Sgard, Jenö Koltay, George Kopits, Iván Csaba, András Semjén, Christine H. Allison, Árpád Ábrahám, Gábor Kertesi, Michael Burda

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