The Microeconomic Aspect of East-West Cooperation: The Hungarian Experience

  • Béla Csikós-Nagy
Part of the International Economic Association Series book series (IEA)


This study is concerned with East—West cooperation in its microeconomic aspect, which it analyses in the light of the Hungarian experience. With Hungary, we focus on a socialist country whose economy is highly foreign-trade sensitive and marked by a substantial trade with the West. In 1975, Hungary’s exports accounted for over 40 per cent of her national income, and her foreign-trade turnover was divided between CMEA and non-CMEA countries in the proportion of 66:34.


Foreign Trade Joint Venture Cooperation Agreement Socialist Country Foreign Partner 
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Copyright information

© International Economic Association 1978

Authors and Affiliations

  • Béla Csikós-Nagy
    • 1
  1. 1.Hungary

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