Hungary: an economy in transition

Introduction Istvan P. Szekely and David M. G. Newbery Part I. Foreign Trade: 2. Economic consequences of Soviet disintegration for Hungary Laszlo Czaba 3. Regional cooperation in East-Central Europe Kalman Mizsei 4. Export supply and import demand in Hungary: an econometric analysis for 1968-1989 Laszlo Halpern and Istvan P. Szekely Discussion of Part I Renzo Daviddi Part II. Privatization and Competition Policy: 5. 10 percent already sold: privatization in Hungary Zsigmond Jarai 6. Hungary: a unique approach to privatization - past, present and future Peter Mihalyi 7. Competition policy in transition Janos Stadler Discussion of Part II John P. Bonin, Rumen Dobrinsky and Paul Seabright Part III. The Financial System and Private Savings: 8. Short-run money market model of Hungary Julia Kiraly 9. The modernisation of the Hungarian banking sector Eva Varhegyi 10. Changing structure of household portfolios in emerging market economics: the case of Hungary, 1970-1989 Istvan Abel and Istvan P. Szekely Discussion of Part III John P. Bonin, Lucian Ionescu and Colin Mayer Part IV. Foreign Debt and Monetary Policy: 11. Hungary's foreign debt controversies and macroeconomic problems Gabor Oblath 12. Managing foreign debt and monetary policy Werner Riecke Discussion of Part IV L. Alan Winters and Richard Portes Part V. Legislative and Tax Reform: 13. A legal framework for the Hungarian transition, 1989-1991 Tamas Sarkozy 14. Tax reform in Hungary Jeno Koltay Discussion of Part V Athar Hussain Part VI. Labour Markets, Unemployment and Social Security: 15. The transformation of shop floor bargaining in Hungarian industry Janos Kollo 16. The social security crisis in Hungary Maria Augusztinovics Discussion of Part VI David M. G. Newbery and David Winter Part VII. State Desertion: 17. State desertion and convertibility the case of Hungary Istvan Abel and John P. Bonin Discussion of Part VII David Begg and R. E. Rowthorn Conclusion Sir Adam Ridley.