The Transformation of Hungarian Production Cooperatives and Future Consequences
No hay miniatura disponible
Fecha
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
This research examines the transformation of Hungarian agricultural production cooperatives.
In contrast to early expectations, cooperatives did not experience much membership loss. Rather,
the enterprises held together, although they downsized. The distribution of collective assets occurred
quickly and created much tension. The sector experienced a severe decapitalization, and
the efficiency of the sector fell. There was a sharp rise in unemployment. Sales and marketing were
disrupted. Thus, the cooperatives transformed in a very hostile situation. They survived, and
some prospered, yet, in general, they remain vulnerable to adverse economic developments. Healthy
cooperatives will be vital to the success of smaller private farms.