Firms
Limited liability companies 36,420
Cooperatives 4,123
State owned companies 2,267
Joint stock companies 1,005
Partnerships 420
[source: Frydman, Rapaczynski, and Earle, 1993, 118]
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Current Governmental Monetary and Fiscal Policy
A basic economic objective of Hungary's recently defeated reform government was to redirect trade away from Eastern European countries to the West. The government also had an objective of 50 percent privatization by 1994. Restructuring the nation's banking system, and providing compensation to the owners of property confiscated by the Communist government upon assuming power in 1946 were also govern
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