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A Unique Path to Monopoly: The Case of the Hungarian Insurance Sector, 1945–1952

Horváth, Gyula (2025) A Unique Path to Monopoly: The Case of the Hungarian Insurance Sector, 1945–1952. HUNGARIAN HISTORICAL REVIEW: NEW SERIES OF ACTA HISTORICA ACADEMIAE SCIENTIARIUM HUNGARICAE, 13 (4). pp. 575-595. ISSN 2063-8647 (print); 2063-9961 (online)

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Abstract

This paper presents the nationalization and monopolization of the private insurance industry in Hungary after World War II. In all the socialist countries save one private insurance was prohibited. In the insurance sector, only one (or technically sometimes two) state-owned insurance companies handled the insurance business with an essentially monopolistic position after the process of nationalization had ended. This uniformity, however, masks the fact that these countries took differing paths towards this end. This was particularly true of the events in Hungary. This article suggests possible explanations for these differences.

Item Type: Article
Uncontrolled Keywords: private insurance industry, nationalization, Central and Eastern Europe, post-World War II, monopoly
Subjects: D History General and Old World / történelem > DN Middle Europe / Közép-Európa
H Social Sciences / társadalomtudományok > HC Economic History and Conditions / gazdaság története és alapelvek
H Social Sciences / társadalomtudományok > HG Finance / pénzügy
Depositing User: Szilvia Adamecz
Date Deposited: 22 Apr 2025 06:29
Last Modified: 22 Apr 2025 06:29
URI: https://real.mtak.hu/id/eprint/218015

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