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Author: | Cukor, E. Koevari, Gy. |
Title: | Wage trends in Hungary |
Journal: | International Labour Review
1991 : VOL. 130:2, p. 177-190 |
Index terms: | PAY HUNGARY FOREIGN INVESTMENT POVERTY RECESSION MARKET ECONOMY |
Language: | eng |
Abstract: | Economic reform began more than 20 years ago in Hungary but a critical stage has now been reached in the transition process, where certain political and economic decisions must be made. Attracting foreign investments and improving living standards must be balanced against the danger of further economic recession and higher levels of poverty. Wage policy is an important sphere in which decisions will have major implications for the future. Current economic conditions in Hungary and the structure of wages, wage trends and policy are examined in the context of transition to a market economy. |
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