Overcentralization in Economic Administration:A Critical Analysis Based on Experience in Hungarian Light Industry

by: János Koai (Author),John Knapp(Author)

Publisher: Oxford University Press

Publication Date: 2023/9/29

Language: English

Print Length: 272 pages

ISBN-10: 0192894420

ISBN-13: 9780192894427

Book Description

Overcentralization in Economic Administration (Oxford, 1959) was the first book written by an Easte European and published in the West that openly criticized socialist central planning. In this work the distinguished economist János Koai begins a lifelong study of the economic organization of centrally planned economies. Professor Koai’s aim in this book was to observe the reality of the working socialist system, and to draw conclusions that were not distorted by the laws of Marxist political economy. He provided a lucid and coherent account of conditions, along with normative recommendations which influenced the Hungarian reform process, culminating in the economic changes of 1968. Professor Koai identified several systematic failures of the centrally planned economy and gave a prescient account of weak economic performance and eventual disintegration. His argument for radical rather than partial change makes this book essential reading for those interested in the economics of transition in Easte Europe.

About the Author

Overcentralization in Economic Administration (Oxford, 1959) was the first book written by an Easte European and published in the West that openly criticized socialist central planning. In this work the distinguished economist János Koai begins a lifelong study of the economic organization of centrally planned economies. Professor Koai’s aim in this book was to observe the reality of the working socialist system, and to draw conclusions that were not distorted by the laws of Marxist political economy. He provided a lucid and coherent account of conditions, along with normative recommendations which influenced the Hungarian reform process, culminating in the economic changes of 1968. Professor Koai identified several systematic failures of the centrally planned economy and gave a prescient account of weak economic performance and eventual disintegration. His argument for radical rather than partial change makes this book essential reading for those interested in the economics of transition in Easte Europe.

未经允许不得转载：Wow! eBook » Overcentralization in Economic Administration:A Critical Analysis Based on Experience in Hungarian Light Industry