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Hungary
An Economic Survey
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Abstract

This paper presents an overview of the economy of Hungary. The paper highlights that during the Fifth Five-Year Plan (1976–80), actual growth rates for almost all major plan aggregates remained below the targets. The lower targets set for the increase in both consumption and investment in the 1976–80 plan relative to the rates achieved during 1971–75, reflected the government’s policy of moderating the growth of domestic demand. The actual average annual growth rate for investment closely approximated, whereas that of private consumption fell far short of the plan targets.

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Author: International Monetary Fund
Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
04 Dec 1982
DOI:
https://doi.org/10.5089/9781451963830.084
ISBN:
9781451963830
ISSN:
0251-6365
Pages:
70
Keywords:
OP; national bank of Hungary; producer price reform; loss-making enterprise; enterprise level; reform enterprise system; supply link; Producer prices; Imports; Credit; Currency convertibility; Exports; Europe; Global; Consumer prices
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The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.