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Hungary: From Star Transition Student to Backsliding Member State

Keywords: Hungary , capitalism , economic performance , eurozone , reofrms , dependent competition states , privatisation , transition , Central and Eastern Europe

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Abstract:

The article investigates the reasons behind the recent backsliding of Hungary in terms of economic performance, with special relation to its membership of the European Union's common market, the introduction of the euro, and the reform steps taken by governments in recent years. The article is makes statements about Hungary in relation to the 'varieties of capitalism' debate.

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