Evolution of foreign direct investments to Hungary

A deep retrospective analysis of the inflow of foreign direct investment (FDI) into the Hungarian economy made it possible to show the structural changes in the accumulated capital and highlight several models for attracting FDI. The characteristic features of the modern model of attracting direct investments are identified: a more cautious and selective attitude to foreign capital, the transformation in the position of the foreign TNCs branches (in order to transfer capital to other countries in the region), the growing influence of national Hungarian TNCs, an unformulated government strategy to nationalize Hungarian energy sector. Nevertheless, it is hardly possible to speak about systemic changes in attracting capital to the country. Instead, one might talk about a more balanced attitude to the current stage of globalization in the world economy.