Application of Market Elements in the Agricultural Sector of the Socialist Countries: Comparison of the Czechoslovak Socialist Republic and the Hungarian People Republic
Abstract
The lecture dealt with the application of market elements in the economic organization of agricultural production of two socialist states with developed agriculture, the Czechoslovak Socialist Republic and the Hungarian People Republic, between 1956 and 1989. It dealt with (a) assumptions about the acceptance and application of market elements in the economy of the mentioned countries (crisis of the Stalin model of the economic organization of agriculture).
Identified, (b) in which specific system areas and measures the elements were manifested (eg reducing entries of state plan, developing affiliate production as an opportunity to apply its own business strategy, outsourcing some activities to reduce costs, etc.). These areas and measures in both countries (c) compare, also revealing differences.
Eventually (d) assessed their overall impact and significance.