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Forming of new elites: the Hungarian case
Bildung neuer Eliten: der Fall Ungarn
[journal article]
Abstract "Among the Central-East European transition countries the Hungarian economic trajectory seems to deviate from the others. The high state redistribution resulted in a malfunctioning welfare state. The existing level of state involvement is a consequence of the elite settlements of the early transitio... view more
"Among the Central-East European transition countries the Hungarian economic trajectory seems to deviate from the others. The high state redistribution resulted in a malfunctioning welfare state. The existing level of state involvement is a consequence of the elite settlements of the early transition period. Privatization involved overwhelmingly foreign capital and avoided 'shock therapy'. Both policies have contingent effects on the existing elite configuration. An exploration of the economic elite identifies different segments with specific interests in state redistribution. The political and the economic elite have both evolved to coexist with a high disparity of incomes and a strong presence of foreign capital accordingly." (author's abstract)... view less
Keywords
path dependence; redistribution; economic elite; post-socialist country; Eastern Europe; capital; historical analysis; post-communist society; foreign countries; elite research; political elite; transformation; Europe; international comparison; elite; economic policy; energy industry; privatization; historical social research; direct investment; banking; CEFTA; Hungary; social effects
Classification
Economic and Social Geography
General History
Method
empirical; historical; quantitative empirical
Document language
English
Publication Year
2010
Page/Pages
p. 13-40
Journal
Historical Social Research, 35 (2010) 2
DOI
https://doi.org/10.12759/hsr.35.2010.2.13-40
ISSN
0172-6404
Status
Published Version; peer reviewed