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Hungarian Local Government

In: Decentralization and Transition in the Visegrad

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  • József Hegedüs

Abstract

he transition in East-Central Europe from the centrally planned economy to the market economy turned out to be a very complex process. The debate of shock therapy versus gradual change has been overcome. Recent approaches to the transition focus on the economic crises and the necessary restructuring process for the adaptation to the world market system, termed as ‘structural adjustment’. However, recent analyses realized that successful transition had to go deeper into the social life of these societies and that the behaviour of the economic actors had to be radically changed in order to achieve the expected result; this is termed ‘institutional adjustment’. This chapter will focus on both the structural and institutional adjustments of the local government sector.

Suggested Citation

  • József Hegedüs, 1999. "Hungarian Local Government," Studies in Economic Transition, in: Emil J. Kirchner (ed.), Decentralization and Transition in the Visegrad, chapter 7, pages 132-158, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-37464-5_7
    DOI: 10.1057/9780230374645_7
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