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A fokozatos importliberalizálás megvalósításának feltételei, lehetősége és várható következményei a magyar gazdaságban
[Gradual liberalization of imports in the Hungarian economy: preconditions, possibilities and expected results]

Author

Listed:
  • Gács, János

Abstract

Further gradual import liberalization in Hungary necessitates a comprehensive strategy in which there is a role to play for regulation of foreign trade as well as for financial, price and industrial policy. It is to be reassessed what conditions are required for first a partial, then a gradually full liberalization of western imports to achieve success. The present general economic, institutional and management system in Hungary has a number of traits hindering the evolution of the beneficial effects of import liberalization. The long run strategy of import liberalization would have to incorporate, parallel to import liberalization, a list of institutional changes that would restrict the current demand for imported goods, introduce differentiated protectionism, and correct the domestic price level as well as the relative prices.

Suggested Citation

  • Gács, János, 1986. "A fokozatos importliberalizálás megvalósításának feltételei, lehetősége és várható következményei a magyar gazdaságban [Gradual liberalization of imports in the Hungarian economy: preconditions, po," MPRA Paper 60893, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60893
    as

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    File URL: https://mpra.ub.uni-muenchen.de/60893/1/MPRA_paper_60893.pdf
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    References listed on IDEAS

    as
    1. Jagdish N. Bhagwati, 1978. "Appendix to "Foreign Trade Regimes and Economic Development: Anatomy and Consequences of Exchange Control Regimes"," NBER Chapters, in: Foreign Trade Regimes and Economic Development: Anatomy and Consequences of Exchange Control Regimes, pages 219-221, National Bureau of Economic Research, Inc.
    2. Jagdish N. Bhagwati, 1978. "Anatomy of Exchange Control Regimes," NBER Chapters, in: Foreign Trade Regimes and Economic Development: Anatomy and Consequences of Exchange Control Regimes, pages 7-52, National Bureau of Economic Research, Inc.
    3. Jagdish N. Bhagwati, 1978. "Foreign Trade Regimes and Economic Development: Anatomy and Consequences of Exchange Control Regimes," NBER Books, National Bureau of Economic Research, Inc, number bhag78-1, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Eliminating trade barriers; liberalization in the indigenous market; temporary protection of industries; long term strategy for liberalization;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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