Privatization in Hungary: Past, Present and Future
AbstractThe paper examines privatization in Hungary over the last decade. It investigates the `spontaneous privatization' of the late 1980s and its relation to today's privatization efforts. It studies the changes in the economic structure of Hungary since 1988, and provides detailed information relating to the privatization efforts through the State Property Agency. It concludes by arguing for an `organized decentralization' of the privatization process as a necessary ingredient for achieving the privatization goals set by the government, and for moving Hungary away from a centrally planned to a market-oriented economy.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 642.
Date of creation: Mar 1992
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- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
- P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
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