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EAST EUROPEANS OPT FOR NEEDLESS AUSTERITY TO BATTLE THE WORLD RECESSION.

The article discusses how austere policies of Eastern European countries may negatively affect their economies during the global recession. The author suggests that countries like Hungary still practice Soviet economic policies and that economic austerity through proposals to freeze salaries and dec...

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Published in:Contemporary Review Vol. 291; no. 1693; pp. 169 - 174
Main Author: Land, Thomas
Format: Article
Published: Contemporary Review Company Ltd. Summer2009
Subjects:
Economic conditions in Eastern Europe, 1989-
Economic policy
Recessions
Hungarian economy, 1989-
International Monetary Fund
Hungary
Eastern Europe
Online Access:View this record in EBSCOhost