Nationalizations in Hungary in an international context Cover Image

Nacjonalizacja na Węgrzech w kontekście międzynarodowym
Nationalizations in Hungary in an international context

Author(s): Éva Voszka
Subject(s): Economy, National Economy
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: state ownership; nationalization; varieties of capitalism

Summary/Abstract: Public ownership has expanded in many countries since 2008, mainly but not exclusively by means of bank recapitalizations. The paper compares the large scale Hungarian nationalizations with this European trend. It argues that despite many similar elements regarding sectors, methods and even governmental objectives in general, ownership changes in this particular case are integral parts of a comprehensive governmental policy, aimed at expanding the role of the state, centralizing decision-making and redistributing wealth.

  • Issue Year: 2016
  • Issue No: 4
  • Page Range: 617-634
  • Page Count: 18
  • Language: Polish