Abstract
The peculiarities with incentives in socialist planned economies derive from two circumstances. They derive first of all from the point that productive units are socialized. In the state-owned sector the government exerts property rights, and thus it has to determine success criteria. The second peculiarity stems from the comprehensive organizational function of the government in economic performance; it has to decide the way and mode of combination of directives and incentives in the regulation of economic processes.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 1986 International Economic Association
About this chapter
Cite this chapter
Csikós-Nagy, B. (1986). Restructuring Incentives in Hungary. In: Balassa, B., Giersch, H. (eds) Economic Incentives. International Economic Association Series . Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18204-6_9
Download citation
DOI: https://doi.org/10.1007/978-1-349-18204-6_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-18206-0
Online ISBN: 978-1-349-18204-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)