Evolution on the market of foreign language teaching services in Hungary
AbstractThis case study is a part of a research project dealing with the post socialist market evolution. Companies with majority foreign ownership are very rare on the market of foreign language services in Hungary. Import competition is negligible on this market as well. One curious feature of this market is the long term and decisive presence of public education. The demand for language instruction grew rapidly in the last decades of socialism. Competition and presence of private enterprises began in the last year of the socialist system because of the permanent shortage. After the collapse of socialism a large number of new private companies entered this market as well. The demand fell during the transformational recession and rose again in the years of Hungary' EU accession. After this event this market shows more and more signs of saturation.
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Bibliographic InfoPaper provided by Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number 0702.
Length: 30 pages
Date of creation: 2007
Date of revision:
market evolution; regulation of market competition;
Find related papers by JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
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