Long-term planning forms a part of the system of economy-wide planning, in the framework of which long-term, medium-term and short-term plans are being drawn up in Hungary. The development of the economy has been determined in Hungary for the past twenty-five years by medium-term, generally five-year plans. The five-year plan of the economy comprises :
  1. a

    the problems relating to the growth rate and the major proportions of the economy;

  2. b

    the central decisions relating to development, especially in the fields of investment, the training of labour, technological development and living-standard policies;

  3. c

    the instruments and economic regulators necessary for implementation of the plan.



Foreign Trade National Income Comprehensive Conception Capital Intensity Service Branch 
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Copyright information

© International Economic Association 1976

Authors and Affiliations

  • I. Hetényi

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