Hungary: Towards a Market Economy (Paperback)

List of figures; List of tables; Foreword; Acknowledgements; List of conference participants; 1. The hidden Hungarian miracle Laszlo Halpern and Charles Wyplosz; Part I. Macroeconomic Policy: 2. Fiscal difficulties in the transition: the case of Hungary between 1991 and 1995 Pal Gaspar; Discussion David Begg; 3. The interest rate transmission mechanism in Hungary, 1991?5 Balazs Vilagi and Janos Vincze; 4. The nature of Hungarian inflation Isvtan Hamecz, Janos Vincze and Isvtan Zsoldos; Discussion Ratna Sahay; 5. The hidden economies of Visegrad countries in internal comparison: a household electricity approach Maria Lacko; Discussion Michael A. Landesmann; Part II. Industrial Structure: 6. Corporate governance in the transition - the case of Hungary: do new structures help create efficient ownership control Adam Torok; 7. Corporate performance in the transition: econometric analysis of Hungarian exporting firms, 1985?94 Laszlo Halpern and Gabor Korosi; Discussion Jan Svejnar; 8. Hungary's Ponzi game Laszlo Szakadat; Discussion Jerome Sgard; Part III. Labour Markets: 9. The minimum wage in Hungary: subsistence minimum and/or bargaining tool Jeno Koltay; Discussion George Kopits; 10. Welfare institutions and the transition: in search of efficiency and equity Ivan Csaba and Andras Semjen; Discussion Christine H. Allison; 11. Regional unemployment rate differentials in Hungary, 1991?5: the changing role of race and human capital Arpad Abraham and Gabor Kertesi; Discussion Michael Burda; Index.