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The Hungarian eurology – the road to perdition?

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  • Oliver Kovacs

Abstract

The study aims at deciphering the driving forces behind the Hungarian eurolessness from a more complexity-aware perspective. To this end, it applies the concept of runaway phenomena, borrowed from complexity science pervaded by an evolutionary view to the socio-economic innovation ecosystem, in interpreting the runaway Hungarian nationalism. It demonstrates that global runaway phenomena in the world economy have been heavily influencing the Hungarian path. With this approach, it becomes clearer how Hungary turned from eulogy to neutrality and then has gone even beyond in terms of Europeanisation. The paper also conveys some lessons both for economics theory and economic governance alike.

Suggested Citation

  • Oliver Kovacs, 2021. "The Hungarian eurology – the road to perdition?," Post-Communist Economies, Taylor & Francis Journals, vol. 33(4), pages 435-457, May.
  • Handle: RePEc:taf:pocoec:v:33:y:2021:i:4:p:435-457
    DOI: 10.1080/14631377.2020.1745558
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    References listed on IDEAS

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    1. Tóth G., Csaba & Virovácz, Péter, 2013. "Winners and Losers – An assessment of the Hungarian flat tax reform with microsimulation," Public Finance Quarterly, Corvinus University of Budapest, vol. 58(4), pages 369-385.
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