The impact of the pandemic on the central and regional areas of hungary: during the economic recovery following the global virus epidemic

Poór, József and Módosné Szalai, Szilvia and Mura, Ladislav and Jenei, Szonja and Varga, Erika and Szira, Zoltán and Hollósy-Vadász, Gábor (2023) The impact of the pandemic on the central and regional areas of hungary: during the economic recovery following the global virus epidemic. AD ALTA: JOURNAL OF INTERDISCIPLINARY RESEARCH, 13 (2). pp. 207-212. ISSN 1804-7890 (print); 2464-6733 (online)

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Abstract

The objective of the article is to evaluate the impact of the COVID-19 crisis on the competitiveness of the labour market in Hungary on the economically most developed central as well as the rural areas to illustrate discrepancy. Indicators related to the effectiveness of recovery regarding both human resource management and corporate management are also analysed. A questionnaire survey on recovery from the pandemic was filled in 2021 by 1184 company managers: 61% were received from the central region while 39% from rural areas. The crosstab analysis was applied while processing data. According to our findings, the backlog has decreased in six Hungarian regions except Western Transdanubia, which has been hit harder by the closures and restrictions. The more moderate development of the central region can be due to the presence of its companies on the global market while the catching up of the rural areas was aided by the wage subsidy of businesses operating there. It is worth examining the impact of economic crises on how the differences between the central and rural regions change and also which regions can benefit from the downturn. In conclusion, a crisis might also serve as an opportunity to achieve a balanced economy and regain competitiveness.

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