REAL

The Hungarian Eurolessness - From Eulogy to Neutrality and Beyond

Kovács, Olivér (2020) The Hungarian Eurolessness - From Eulogy to Neutrality and Beyond. In: The Political Economy of the Eurozone in East Central Europe: Why In, Why Out? Routledge Books, London. (In Press)

[img]
Preview
Text
8 csatolmany.pdf

Download (490kB) | Preview

Abstract

Hungary was thought to become a part and parcel member of the European Union and then that of the Economic and Monetary Union by building on the grounding conditions established along the years after the regime change. As is often the case, expectations and reality did not converge satisfactorily to each other since the country is now featured with eurolessness. This chapter dispels the fog surrounding the issue of ‘why out of the Eurozone’ in case of Hungary by deciphering the major trends and causes of such path without neglecting influential global phenomena. To this end, the chapter reveals how Hungary turned first from eulogy to neutrality, and then has gone even beyond by incorporating the impact of global runaway phenomenon being mirrored in the Hungarian development path as well. In addition, based on our line of thinking, the chapter also conveys some lessons both for economics theory and economic governance alike.

Item Type: Book Section
Subjects: H Social Sciences / társadalomtudományok > HC Economic History and Conditions / gazdaság története és alapelvek > HC1 History of economic theories / közgazdasági elméletek
H Social Sciences / társadalomtudományok > HC Economic History and Conditions / gazdaság története és alapelvek > HC2 Economic policy / gazdaságpolitika
H Social Sciences / társadalomtudományok > HJ Public Finance / államháztartás
H Social Sciences / társadalomtudományok > HM Sociology / társadalomkutatás
H Social Sciences / társadalomtudományok > HM Sociology / társadalomkutatás > HM2 Social structure / társadalmi szerkezet
Depositing User: Dr. Olivér Kovács
Date Deposited: 26 Sep 2020 13:37
Last Modified: 26 Sep 2020 13:37
URI: http://real.mtak.hu/id/eprint/114768

Actions (login required)

Edit Item Edit Item