Hungarian Grand Entrepreneurs in the System of National Cooperation: The Chances of Civil/Bourgeois Development after 2010 (An Extension of Research)

Mihály Laki


A non-conventional change of government occurred in Hungary in 2010. The winner of the election, party-alliance FIDESZ-KDNP, which controlled more than two-thirds of the seats in the Hungarian Parliament, transformed the Hungarian constitutional system radically and with unprecedented rapidity. The so-called invisible constitution of 1989 was replaced by a new Basic Law. The new holders of power changed the structure and management of state administration. There were also fundamental shifts in the system of public education and in the financing of the health care system. We witnessed the introduction of new and until-now never-applied approaches and tools for regulating the economy and the taxation system. Moreover, the new government introduced systemic changes in terms of how the poor and the unemployed were supported and modified the legal and financial status of local governments. Since 2010, the share of the state sector has increased in the Hungarian economy. How did the grand entrepreneurs behave, and what strategies did they use in this radically modified socio-economic environment?


entrepreneurs, market transformation, performance, failure

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ISSN: 2062-087X

DOI: 10.14267/issn.2062-087X