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Large-Scale Transformation of Socio-Economic Institutions – Comparative Case Studies on CEECs. Background Paper 2: Comparative Country Study Hungary. WWWforEurope Working Paper No. 18

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  • Ágnes Orosz

    (Institute of World Economics of the Research Centre for Economic and Regional Studies of the Hungarian Academy of Sciences)

Abstract

The Varieties-of-Capitalism literature on generating indicators on the economic systems actually implemented mostly concentrates on the enterprise (or micro) level in traditional OECD countries, categorising countries between the extremes: liberal market economies and controlled market economies. It largely neglects the role of the government spending, the transition of former socialist countries and developing countries, and the political process behind the choice of an economic system. We broaden the perspective by combining the Varieties-of-Capitalism with the Worlds-of-Welfare-States literature in order to provide a comprehensive view on government activities in transition.

Suggested Citation

  • Ágnes Orosz, 2013. "Large-Scale Transformation of Socio-Economic Institutions – Comparative Case Studies on CEECs. Background Paper 2: Comparative Country Study Hungary. WWWforEurope Working Paper No. 18," WIFO Studies, WIFO, number 46873.
    • Handle: RePEc:wfo:wstudy:46873
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    References listed on IDEAS

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    1. International Monetary Fund, 2011. "Hungary: Staff Report for the 2010 Article IV Consultation and Proposal for Post-Program Monitoring," IMF Staff Country Reports 2011/035, International Monetary Fund.
    2. Balázs Egert, 2012. "The impact of changes in second pension pillars on public finances in Central and Eastern Europe," Working Papers hal-04141069, HAL.
    3. Làszlò Csaba, 2009. "Hungary: The Janus-faced Success Story," WIDER Working Paper Series RP2009-13, World Institute for Development Economic Research (UNU-WIDER).
    4. Ágnes Horváth & Zoltán M. Jakab & Gábor P. Kiss & Balázs Párkányi, 2006. "Myths and Maths: Macroeconomic Effects of Fiscal Adjustments in Hungary," MNB Occasional Papers 2006/52, Magyar Nemzeti Bank (Central Bank of Hungary).
    5. Kornai, Janos, 1997. "Editorial: Reforming the welfare state in postsocialist societies," World Development, Elsevier, vol. 25(8), pages 1183-1186, August.
    6. László Csaba, 1995. "The Capitalist Revolution In Eastern Europe," Books, Edward Elgar Publishing, number 117.
    7. Blejer, Mario I. & Sagari, Silvia B., 1991. "Hungary : financial sector reform in a socialist economy," Policy Research Working Paper Series 595, The World Bank.
    8. Ben S. Bernanke & Michael Woodford, 2004. "The Inflation-Targeting Debate," NBER Books, National Bureau of Economic Research, Inc, number bern04-1.
    9. International Monetary Fund, 1997. "Hungary: Statistical Appendix," IMF Staff Country Reports 1997/104, International Monetary Fund.
    10. Jiri Jonas & Frederic S. Mishkin, 2004. "Inflation Targeting in Transition Economies Experience and Prospects," NBER Chapters, in: The Inflation-Targeting Debate, pages 353-413, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Karl Aiginger & Kurt Kratena & Margit Schratzenstaller-Altzinger & Teresa Weiss, 2014. "Moving Towards a New Growth Model. WWWforEurope Deliverable No. 3," WIFO Studies, WIFO, number 47247, March.

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