Many natural resources rich countries are characterized by natural resource dependency
and lack of economic diversification. They experience lower economic growth due to …

This paper offers a political economy perspective of Hungary under the Orbán regime (2010–
18). What specific variety of capitalism emerged from the series of centralising measures …

The foreign direct investment (FDI)-led development path of the East-Central European
(ECE) countries has been queried most recently. Using mainly the evidence of Hungary and …

We investigate how subsidiaries' political capabilities in emerging markets are not just
shaped by their home-or host country institutions, but by both simultaneously-presenting a …

We discuss the emerging economic systems of Poland and Hungary using the state
capitalism approach and suggest some general lessons. We define state capitalism in the …

Három évtized telt el a szovjet birodalom felbomlásának nyílttá válása, a piacgazdasági és
demokratikus átalakulás megindulása óta. Végbement az európai integráció folyamata, ami …

After the crisis years, there was an overall disenchantment with the foreign direct investment
(FDI)-based growth models in the Central European post-socialist countries. FDI resulted in …

Hungary was regarded a success story of FDI-led development model in Central and
Eastern Europe during the 1990s. The country underwent fundamental economic changes …

The paper aims to analyse state-owned enterprises (SOEs) in 11 post-socialist Central-
Eastern European (CEE) countries. Based on the individual data of large non-financial …

Fifteen years have passed since the seminal work of Hall and Soskice (2001) on Varieties of
Capitalism (VoC), and extensive literature has emerged since then, which can be structured …