In this analytical history of the reform process in Hungary, Gabor Revesz traces the country's efforts to transform a planned economy into a system of market socialism. He covers the assumptions, objectives, political pressures, and limitations that have shaped the reform.

This volume makes JEC-commissioned expert studies of economic developments in East-Central Europe available to business people, educators and students. Coverage includes economic, political and social reform issues, regional relations, and the impact of Western assistance programmes.

A comprehensive look at both the diversity of Eastern Europe and the multiplicity of Soviet concerns in the region.