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  • MONEY, INCENTIVES AND EFFICIENCY IN THE HUNGARIAN ECONOMIC REFORM
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    MONEY, INCENTIVES AND EFFICIENCY IN THE HUNGARIAN ECONOMIC REFORM
    JOSEPH C. BRADA / ISTVAN DOBOZI
    The essays in this volume document the serious shortcomings of the Hungarian economic reform, which in two decades has brought deteriorating economic performance, declining real wages, a fiscal deficit and severe inflationary pressures. It has proved unexpectedly difficult to substitute a regulated market economy for a centrally planned one. The authors of these essays argue th...

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