Employment Relations and the Opening Up to MNCs in Hungary

Jenő Koltay

Chapter 7 in Globalizing Employment Relations, 2011, pp 119-133 from Palgrave Macmillan

Abstract: Abstract What is the broader context in which multinational companies (MNCs) are playing a role in shaping Hungarian employment relations? Starting from an overview of macroeconomic developments of the last two decades, this chapter will examine different aspects of employment relations, actors, strategies, institutions and practices in order to grasp Hungarian specifics against features common to other new EU members in Central and Eastern Europe (CEE). Building on an extended ‘varieties of capitalism’ analysis (Drahokoupil and Myant, 2009; Feldmann, 2006; Greskovits, 2005; Hall and Soskice, 2001; King, 2007; Nölke and Vliegenthart, 2009),1 this examination will help to highlight how, in an early transitional small and open economy, incoming FDI and MNCs affected the system of industrial relations and, in turn, become one of the coordination mechanisms differentiating economic and political regimes of old and new market economies. In evaluating the impact of MNCs on Hungarian employment relations, home country and host-country effects as well as global tendencies will be considered in terms of the debate as to whether MNC subsidiaries are vehicles of change or outpost test departments.

Keywords: Foreign Direct Investment; Host Country; Collective Bargaining; Industrial Relation; Supervisory Board (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30681-3_8

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DOI: 10.1057/9780230306813_8

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