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End Of Communism In Hungary (1989)
Communist rule in the People's Republic of Hungary came to an end in 1989 by a peaceful transition to a democratic system. After the Hungarian Revolution of 1956 was suppressed by Soviet forces, Hungary remained a communist country. As the Soviet Union weakened at the end of the 1980s, the Eastern bloc disintegrated. The events in Hungary were part of the Revolutions of 1989, known in Hungarian as the ' (). Prelude Decades before the Round Table Talks, political and economic forces within Hungary put pressure on Hungarian communism. These pressures contributed to the fall of communism in Hungary in 1989. Economic problems The New Economic Mechanism was the only set of economic reform in Eastern Europe enacted after the wave of 1950s and 60s revolutions that survived past 1968. Despite this, it became the weakest point of Hungarian communism, and a pressure that contributed greatly to the transition to democracy. In 1968, the Central Committee of the Hungarian Socialist Wo ...
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Imre Nagy
Imre Nagy (; 7 June 1896 – 16 June 1958) was a Hungarian communist politician who served as Chairman of the Council of Ministers (''de facto'' Prime Minister) of the Hungarian People's Republic from 1953 to 1955. In 1956 Nagy became leader of the Hungarian Revolution of 1956 against the Soviet-backed government, for which he was sentenced to death and executed two years later. Nagy was a committed communist from soon after the Russian Revolution, and through the 1920s he engaged in underground party activity in Hungary. Living in the Soviet Union from 1930, he served the Soviet NKVD secret police as an informer from 1933 to 1941, denouncing over 200 colleagues, who were then purged and arrested and 15 of whom were executed. Nagy returned to Hungary shortly before the end of World War II, and served in various offices as the Hungarian Working People's Party (MDP) took control of Hungary in the late 1940s and the country entered the Soviet sphere of influence. He served as I ...
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Free Market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those ...
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Oxford UP
Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print books by decree in 1586, it is the second oldest university press after Cambridge University Press. It is a department of the University of Oxford and is governed by a group of 15 academics known as the Delegates of the Press, who are appointed by the vice-chancellor of the University of Oxford. The Delegates of the Press are led by the Secretary to the Delegates, who serves as OUP's chief executive and as its major representative on other university bodies. Oxford University Press has had a similar governance structure since the 17th century. The press is located on Walton Street, Oxford, opposite Somerville College, in the inner suburb of Jericho. For the last 500 years, OUP has primarily focused on the publication of pedagogical texts and c ...
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Economica
''Economica'' is a peer-reviewed academic journal of generalist economics published on behalf of the London School of Economics by Wiley-Blackwell. Established in 1921, it is currently edited by Nava Ashraf, Oriana Bandiera, Tim Besley, Francesco Caselli, Maitreesh Ghatak, Stephen Machin, Ian Martin, and Gianmarco Ottaviano. Notable papers Two very influential papers in economics were published in ''Economica'' and have inspired a lecture series held annually at the London School of Economics: * * Abstracting and indexing According to the ''Journal Citation Reports'', the journal has a 2018 impact factor of 1.500, ranking it 149th out of 363 journals in the category "Economics". See also * List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *'' Affilia'' *''A ... Refe ...
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New Economic Mechanism
The New Economic Mechanism (NEM) ( hu, Új gazdasági mechanizmus) was a major economic reform launched in the People's Republic of Hungary in 1968. Between 1972 and 1978, it was curtailed by the prevailing winds of Eastern Bloc politics. During the subsequent decade, until the revolutions of 1989 ended the era, the NEM's principles continued to affect the Hungarian economy, even in cases where the "NEM" name was not emphasized. Because of the NEM, Hungary in the 1980s had a higher ratio of market mechanisms to central planning than any other Eastern Bloc economy. The ratio was different to an extent that was politically challenging to bring about in the Soviet sphere because of the ideological mixture it required. The name Goulash Communism was jokingly (but tellingly) applied to this mixture. The Hungarian economy under the influence of NEM principles was widely viewed as outperforming other Eastern Bloc economies, making Hungary "the happiest barrack" in barracks communism. Many S ...
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Hungarian Language
Hungarian () is an Uralic language spoken in Hungary and parts of several neighbouring countries. It is the official language of Hungary and one of the 24 official languages of the European Union. Outside Hungary, it is also spoken by Hungarian communities in southern Slovakia, western Ukraine ( Subcarpathia), central and western Romania (Transylvania), northern Serbia (Vojvodina), northern Croatia, northeastern Slovenia (Prekmurje), and eastern Austria. It is also spoken by Hungarian diaspora communities worldwide, especially in North America (particularly the United States and Canada) and Israel. With 17 million speakers, it is the Uralic family's largest member by number of speakers. Classification Hungarian is a member of the Uralic language family. Linguistic connections between Hungarian and other Uralic languages were noticed in the 1670s, and the family itself (then called Finno-Ugric) was established in 1717. Hungarian has traditionally been assigned to the Ugric alo ...
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Eastern Bloc
The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed during the Cold War (1947–1991). These states followed the ideology of Marxism–Leninism, in opposition to the Capitalism, capitalist Western Bloc. The Eastern Bloc was often called the Second World, whereas the term "First World" referred to the Western Bloc and "Third World" referred to the Non-Aligned Movement, non-aligned countries that were mainly in Africa, Asia, and Latin America but notably also included former Tito–Stalin split, pre-1948 Soviet ally SFR Yugoslavia, which was located in Europe. In Western Europe, the term Eastern Bloc generally referred to the USSR and Central and Eastern European countries in the Comecon (East Germany, Polish People's Republic, Poland, Czechoslovak Socialist Republic, Czechoslovakia, Hungarian ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ...
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Communist State
A communist state, also known as a Marxist–Leninist state, is a one-party state that is administered and governed by a communist party guided by Marxism–Leninism. Marxism–Leninism was the state ideology of the Soviet Union, the Comintern after Bolshevisation and the communist states within the Comecon, the Eastern Bloc and the Warsaw Pact. Marxism–Leninism currently still remains the ideology of a few parties around the world. After its peak when many communist states were established, the Revolutions of 1989 brought down most of the communist states, however, it is still the official ideology of the ruling parties of China, Cuba, Laos, and Vietnam. During most of the 20th century, before the Revolutions of 1989, around one-third of the world's population lived under communist states. Communist states are typically authoritarian and are typically administered through democratic centralism by a single centralised communist party apparatus. These parties are usually M ...
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Peaceful Transition Of Power
A peaceful transition or transfer of power is a concept important to democratic governments in which the leadership of a government peacefully hands over control of government to a newly-elected leadership. This may be after elections or during the transition from a different kind of political regime, such as the postcommunist period after the fall of the Soviet Union. In scholarship examining democratization and emerging democracies, study of the successful transitions of power is used to understand the transition to constitutional democracy and the relative stability of that government. A 2014 study concluded that 68 countries had never had a peaceful transition of power due to an election since 1788. Democratization studies In scholarship examining democratization and emerging democracies, study of the successful transitions of power is used to understand the transition to constitutional democracy and the relative stability of that government (democratic consolidation).} A ...
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People's Republic Of Hungary
The Hungarian People's Republic ( hu, Magyar Népköztársaság) was a one-party socialist state from 20 August 1949 to 23 October 1989. It was governed by the Hungarian Socialist Workers' Party, which was under the influence of the Soviet Union.Rao, B. V. (2006), ''History of Modern Europe A.D. 1789–2002'', Sterling Publishers Pvt. Ltd. Pursuant to the 1944 Moscow Conference, Winston Churchill and Joseph Stalin had agreed that after the war Hungary was to be included in the Soviet sphere of influence. The HPR remained in existence until 1989, when opposition forces brought the end of communism in Hungary. The state considered itself the heir to the Republic of Councils in Hungary, which was formed in 1919 as the first communist state created after the Russian Soviet Federative Socialist Republic (Russian SFSR). It was designated a " people's democratic republic" by the Soviet Union in the 1940s. Geographically, it bordered Romania and the Soviet Union (via the Ukrainian S ...
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