Gazdasági növekedés és fogyasztás Magyarországon a 20. században
Economic Growth and Consumption in Twentieth-Century Hungary: Divisions, Dynamics and Determinants

Summary/Abstract: The study analyses in a long-term and comparative perspective the most important economic trends in twentieth-century Hungary (more exactly, in the period between World War I and 1990). Its interest in primarily oriented toward the different periods and the dynamics of economic growth in Hungary, as well as toward the relation of this dynamics to the changes which occurred in the western part of the continent. On these grounds, the author argues that the middle of the twentieth century could be considered a turning-point in the relation between Hungarian and Western European economic growth. In the decades before World War II, periods of approximation toward and divergence from Western Europe have alternated with each other. In the second part of the twentieth century, however, after an initial period of relative stagnation, Hungary began to persistently drop behind more and more, up until the nineties.

• Details
• Contents