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Dual economy, the role of the MNC-s in Hungary and the EU-accession

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  • Judit Hamar

Abstract

The paper - by summarising our research results proceeded in 2000-2001 - gives some answers to the question whether the fast increasing presence of multinational companies (MNC-s) did and would increase the gap between development of indigenous and foreign owned firms in Hungary? Whether the negative effects of a dual-type of economic development could be revised (at least moderated) by the economic policy or not? Research results proved that in Hungary ten years were enough to the foreign investors to reach almost the same dominant shares in most industrial sectors as in the Irish economy during a much longer time. But the first signals of a dual type of economic development (clear advantages of the foreign owned firms compared to the indigenous ones) also emerged sooner (already in 1996) than in other countries, such as in Ireland, Portugal, or Spain.

Suggested Citation

  • Judit Hamar, 2001. "Dual economy, the role of the MNC-s in Hungary and the EU-accession," KOPINT-DATORG Discussion Paper Archive 63, KOPINT DATORG LTD. Economic Research Division.
  • Handle: RePEc:kop:discpa:dp63
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    File URL: http://www.kopdat.hu/kutatas/RePEc/no63.pdf
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    Cited by:

    1. Bačić, Katarina & Račić, Domagoj & Ahec Šonje, Amina, 2004. "FDI and economic growth in Central and Eastern Europe: Is there a link?," MPRA Paper 83136, University Library of Munich, Germany, revised Nov 2004.

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