Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/140295
Authors: 
Apolte, Thomas
Year of Publication: 
1991
Citation: 
[Journal:] Intereconomics [ISSN:] 0020-5346 [Publisher:] Verlag Weltarchiv [Place:] Hamburg [Volume:] 26 [Year:] 1991 [Issue:] 3 [Pages:] 108-114
Abstract: 
In the centrally planned economies of Eastern Europe, monetary policy played a subordinate role, there were no capital-market institutions and the banking system was single-tier. All this has to be changed in the transition to a market economy. The example of Hungary, which abolished the traditional system of central planning as early as 1968, shows some of the pitfalls to be avoided.
Subjects: 
System Transformation
Persistent Identifier of the first edition: 
Document Type: 
Article

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