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Rezső Nyers
Hungarian economist
Learn about this topic in these articles:
introduction of New Economic Mechanism
- In Hungary: The Kádár regime
Rezső Nyers, the architect of the NEM, was demoted in 1974, only to be brought back to the Politburo in May 1988, at a time of deepening political and economic crisis. By the end of the 1970s, reformers had again prevailed over their opponents. New…
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