Politicising embedded neoliberalism : continuity and change in Hungary’s development model

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dc.contributor.authorBOHLE, Dorothee
dc.contributor.authorGRESKOVITS, Béla
dc.date.accessioned2019-01-31T12:38:30Z
dc.date.available2019-01-31T12:38:30Z
dc.date.issued2019
dc.descriptionPublished online: 17 Dec 2018en
dc.description.abstractFocusing on the critical Hungarian case, this article analyses the fate of embedded neoliberal capitalism in the wake of the global financial crisis. The changes include policies to combat foreign dominance in the financial, energy, and retail sectors, and efforts to reform and retrench the hitherto relatively generous welfare state. Nevertheless, the article finds no less evidence of continuity than of change: the politicisation of fighting dependency is combined with the quiet politics of subsidising foreign direct investment in manufacturing, and the noisy politics of protecting pensioners and middle-class families parallels the erosion of future-oriented social investment. Notwithstanding the radical turn in development rhetoric, the actual path correction has merely shifted the pattern of dependency without breaking out of it: financing socio-economic development in Hungary (as in other Visegrád states) is still largely dependent on foreign sources, albeit of a more diversified nature, including not only manufacturing FDI, but the EU’s structural funds and migrant labour’s remittances as well.en
dc.identifier.citationWest European politics, 2019, Vol. 42, No. 5 (SI), pp. 1069-1093en
dc.identifier.doi10.1080/01402382.2018.1511958
dc.identifier.endpage1093
dc.identifier.issn0140-2382
dc.identifier.issue5 (SI)
dc.identifier.startpage1069
dc.identifier.urihttps://hdl.handle.net/1814/60711
dc.identifier.volume42
dc.language.isoenen
dc.orcid.uploadtrue*
dc.publisherRoutledgeen
dc.relation.ispartofWest European politicsen
dc.titlePoliticising embedded neoliberalism : continuity and change in Hungary’s development modelen
dc.typeArticleen
dspace.entity.typePublication
eui.subscribe.skiptrue
person.identifier.orcid0000-0002-7063-5875
person.identifier.other32519
person.identifier.other32748
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relation.isAuthorOfPublication.latestForDiscoveryfee71caa-94e2-4616-9f5d-12f53162e5b1
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