Subtitled, A documentary study of Party control of leadership selection, 1979-1984. Compares the Nomenklatura system in China with its counterpart in the Soviet Union. The Nomenklatura are the people who truly control and have power. Considering the current turmoil in China, this book is either timely, or history. The introduction is an expanded version of an article from Problems of Communism, v.36, no.5. Translations of many of the chapters were originally published in Chinese law and government, v.20, no.4. Annotation copyright Book News, Inc. Portland, Or.
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.
The exchange of a regulated market for a centralized economy, coupled with incomplete reforms has made further, more radical reform increasingly difficult in Hungary. This text is a collection of essays that document the serious shortcomings of Hungarian economic reform.
Illustrations, Editors and Contributors, Economic Reform in Hungary, An
Overview and Assessment, PART I. MONEY, BANKING, AND REGULATION IN THE
HUNGARIAN REFORM, Economic Control and the Structural Interdependence of
Organizations in Hungary at the End of the Second Reform Decade, Next Steps
in the Hungarian Economic Reform, Hungarian Financial and Labor Market
Reforms, Can Hungarys Monetary Policy Succeed, The Reorganization of the
Banking System in Hungary, PART II. THE EFFICIENCY ALLOCATION OF
RESOURCES-WHAT HAS REFORM, ACHIEVED?, Estimates of the Output Loss from
Allocative Inefficiency A Comparison of Hungary and West Germany, Changes in
the Structure of Industrial Production and Foreign Trade in the Period of
Restrictions, 1978-1986, Market Strategy of the Hungarian Enterprise Sources
of Inadequate Response to Environmental Challenges, The Defense of Worktime
in Hungary Worktime and the Economic Reform
Josef C. Brada Professor of Economics, Arizona State University; editor of Journal of Comparative Economics and co-editor of Soviet and Eastern European Foreign Trade. Istváh Dobozi Department Head, Research Institute for the World Economy, Hungarian Academy of Sciences.
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