Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/222027 
Title (translated): 
The renationalizations of three Hungarian governments under Prime Minister Viktor Orbán
Year of Publication: 
2018
Series/Report no.: 
IEHAS Discussion Papers No. MT-DP - 2018/14
Publisher: 
Hungarian Academy of Sciences, Institute of Economics, Budapest
Abstract (Translated): 
This paper presents a brief account of the Hungarian renationalization and recentralization process under the 2nd and 3nd government of Prime Minister Viktor Orbán (2010-2018). Under his autocratic rule, Hungary, the former leading reform country in Central and Eastern Europe has made a sharp U-turn. Many features of the former centralized planning system have been reintroduced. The author's conclusion is that the changes in ownership have been significant, but they can be relatively quickly reversed by a future, competition-oriented new government. It would be more perplexing and time consuming to build-down the newly created institutions, the laws and regulations which were introduced over the past 8 years and protected by a set of cardinal laws, requiring 2/3 parliamentary majority for change. [...]
Subjects: 
renationalization
privatization
illiberalism
autocracy
JEL: 
H13
O20
P12
P37
P41
Document Type: 
Working Paper

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