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Employment and Wage Policies 1950–55

In: Employment and Wage Policies in Poland, Czechoslovakia and Hungary since 1950

Author

Listed:
  • Jan Adam

    (University of Calgary)

Abstract

After the seizure of political power by the communists all three countries embarked on medium-term plans: Czechoslovakia and Hungary on five-year plans (the former for the period 1949–53 and the latter for 1950–4) and Poland on a six-year plan for 1950–5. The medium-term plans were preceded by short-term plans, a two-year plan in Czechoslovakia (1947–8) and three-year plans in Hungary and Poland (for 1947–9). The main goal of the short-term plans, known as reconstruction plans, was to bring the economy to a level higher than the pre-war one, with a simultaneous start to a restructuring of the economy (industrialisation), which was followed with great vigour in the medium-term plans. Naturally this goal was more demanding in Poland, where the economy suffered greatly from war events, than in the other two countries, particularly Czechoslovakia, where war destruction was minimal.

Suggested Citation

  • Jan Adam, 1984. "Employment and Wage Policies 1950–55," Palgrave Macmillan Books, in: Employment and Wage Policies in Poland, Czechoslovakia and Hungary since 1950, chapter 7, pages 93-112, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06832-6_7
    DOI: 10.1007/978-1-349-06832-6_7
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