Occasional Papers

Economic Reform in Hungary Since 1968

ByJános Somogyi, Anthony R. Boote

March 15, 1991

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János Somogyi, and Anthony R. Boote Economic Reform in Hungary Since 1968, (USA: International Monetary Fund, 1991) accessed 12/13/2025, https://doi.org/10.5089/9781557752161.084

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Summary

This paper examines Hungary's reforms since 1968. It discusses the government's medium-term adjustment program, unveiled in the fall of 1990, which aims to install the key elements of a market economy in three years

Subject: Commercial banks, Currency convertibility, Exports, Financial institutions, Inflation, International trade, Labor, Money, Prices, Wage adjustments, Wages

Keywords: Commercial banks, Currency convertibility, Eastern Europe, enterprise, enterprise wage bill, Europe, Exports, farm, farm input, farm manager, Global, government, Inflation, NEM blueprint, NEM plan, OP, price liberalization, state enterprise, Wages