The Hungarian Second Five Year Plan 1961 65

This study represents attempts dating from 1967, by nine experts on Communist economics, to forecast the performance of individual Communist countries. These predictions provide a great deal of comparable information and make experimental use of elementary econometrical techniques, which have rarely been applied to these countries before. The book also contains, as a unique feature, criticism and self-criticism of the predictions of 1967 (here reproduced unchanged) in the light of subsequent events. A most valuable by-product is the analytical comparison of planning procedures and of agricultural ownership, country by country, so that the differing progress of the reforms can be easily grasped.