Economics and systemic changes in Hungary

László Csaba, László Szamuely

Research output: Contribution to Book/Report typesChapterpeer-review

Abstract (may include machine translation)

Any comparative study of the history of economic thought of the former centrally planned economies (CPEs) of Central and Eastern Europe (CEE) would, no doubt, reveal many similarities and parallels. One such common feature of economic science was a certain discontinuity, a caesura between the pre-1945 past and the newly established ‘Marxist-Leninist' economics. In all countries the communist takeover of governments was followed by the reorganization of academic life according to the Soviet pattern. In Hungary this restructuring was accomplished around 1948–9. At that time a separate Budapest University of Economics was founded where the curricula were based on the Leninist and Stalinist interpretation of Marxian theory. The alumni of this university (which in 1954 was named after Karl Marx) were to form in the following years the body of managers and experts of the centrally planned economy.
Original languageEnglish
Title of host publicationEconomic thought in communist and post-communist Europe
EditorsHans-Jürgen Wagener
Place of PublicationNew York, New York
PublisherRoutledge Taylor & Francis Group
Pages158-212
Number of pages55
ISBN (Electronic)9780429231629
ISBN (Print)9781138866232, 9780415179423
StatePublished - 1998

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