Crisis of the Post-Transition Hungarian Model

László Neumann and András Tóth
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László Neumann: Hungarian Academy of Sciences
András Tóth: Institute of Political Sciences

Chapter 6 in European Employment Models in Flux, 2009, pp 155-177 from Palgrave Macmillan

Abstract: Abstract It is a common wisdom to say that Hungary has faced two historical challenges since 1988: first, the so-called ‘regime change’ which took place in 1989/90 when the state socialist system collapsed and gave way to democratization and a market economy based on private ownership; and second, joining the European Union which formally took place on 1 May 2004. The former involved far-reaching changes in politics, economy and society, and at the same time represented a real break with the past in many fields. The latter on the other hand involved a relatively smooth transition with incremental changes. No wonder that a huge body of literature across political science, economics, sociology, anthropology and even psychology deals with the ‘post-communist’ transition/transformation (the choice between the two terms is also addressed by many writings). In contrast, the enlargement of the EU has been addressed by highly specialized papers only, characterized by a limited focus, mainly on administrative, legal, economic and technical aspects.

Keywords: Foreign Direct Investment; Gross Domestic Product; Disability Pension; Foreign Direct Investment Inflow; Active Labour Market Policy (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23700-1_6

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DOI: 10.1057/9780230237001_6

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