Evolution on the market of foreign language teaching services in Hungary

Mihaly Laki ()
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Mihaly Laki: Institute of Economics - Hungarian Academy of Sciences

No 702, CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies

Abstract: This case study is a part of a research project dealing with the post socialist market evolution. Companies with majority foreign ownership are very rare on the market of foreign language services in Hungary. Import competition is negligible on this market as well. One curious feature of this market is the long term and decisive presence of public education. The demand for language instruction grew rapidly in the last decades of socialism. Competition and presence of private enterprises began in the last year of the socialist system because of the permanent shortage. After the collapse of socialism a large number of new private companies entered this market as well. The demand fell during the transformational recession and rose again in the years of Hungary' EU accession. After this event this market shows more and more signs of saturation.

Keywords: market evolution; regulation of market competition (search for similar items in EconPapers)
JEL-codes: L11 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2007
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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