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International Opening. Privatisation and Economic Performance: The Case of Hungarian Telecom

Author

Listed:
  • Haudeville Bernard

    (University of Orleans)

  • Legman Rita

    (IEP Paris)

Abstract

Transition economies have inherited of a lot of outdated or blackwarded facilities in many industries from the socialist period. Restructuring such enterprises or industries need massive inputs of investment and technology. Privatisation and foreign direct investment provide answers to this problem, but at the price of important lost of control over the concerned bodies. Here we consider the situation of Hungarian telecoms which have been successfully privatised to Deutsch Telecom and try to assess the results of the operation and the effects on the potential growth of the industry and more generally on the Hungarian economy.Les économies en transition ont hérité de la période socialiste un certain nombre dentreprises et de secteurs aux installations largement obsolètes. Leur mise à niveau constitue un préalable à lamélioration qualitative des productions, des processus de production, et par conséquent à une élévation progressive des salaires réels et des niveaux de vie. Cette opération nécessite des injections massives de capitaux et de technologie. La privatisation des entreprises concernées, en particulier au bénéfice dinvestisseurs étrangers, peut apporter une solution, mais au prix dune perte importante de contrôle.Ici, nous examinons la situation des télécoms en Hongrie, qui ont été privatisées au profit de lentreprise elle-même, du point de vue de lindustrie des télécommunications, et plus généraleme- nt in sinterroge sur les effets quelle peut avoir sur lensemble de lindustrie hongroise.

Suggested Citation

  • Haudeville Bernard & Legman Rita, 2001. "International Opening. Privatisation and Economic Performance: The Case of Hungarian Telecom," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 11(1), pages 1-17, March.
  • Handle: RePEc:bpj:jeehcn:v:11:y:2001:i:1:n:9
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    References listed on IDEAS

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    1. Sidy Modibo Diop & Jean-Louis Perrault, 1983. "Ruptures ou continuités dans la politique industrielle française en électronique ?," Revue d'Économie Industrielle, Programme National Persée, vol. 24(1), pages 48-61.
    2. repec:dau:papers:123456789/1261 is not listed on IDEAS
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