In This Review

The Hungarian Experience in Economic Planning
The Hungarian Experience in Economic Planning
By Bela A. Balassa
Yale University Press, 1959, 285 pp.

In this study the author presents a theoretical model of central planning based on physical allocation of physical resources and examines the functioning of this model in the experience of Communist Hungary. The author, formerly at the University of Budapest, held several planning positions between 1951 and 1956.