The Great Transformation -- Without A Technological Revolution. The Case Of Hungary
The study examines the question of why the Hungarian economy is drifting twenty years after the change of regime into similarly critical situations, than it had directly before the change. Why the indebtedness has not been stopped, why the consolidation of the economy was not successful, and why the undealyable reforms were not set on their way? The authors mark the "one-sidedness" of the change of the regime as one of the reasons of this, meaining that the institutional changes unfolding at the end of the 80's, the political transformation and the foundation of the fundamental institutions of the market economy were not based on a technological transformation in the 90's. The variously colored governments remained equally insensitive to the necessity of the IT revolution, and to its consequences. For example, while an information technology ministry had already been in place in the United Kingdom in 1985, in Hungary the various economic plans, documents, governmental programs before and after the change of regime were based on an economic world view that was oriented towards the most traditional market economy. The regime-changers up to date have hardly taken any note of the fact that time had already past over the traditional market economy. The authors connect the deficiencies of the technological background of the change of the regimes with the perceptible (and growing) lagging of our competitiveness in several areas, and that the knowledge economy - compared even with countries starting from similar position - remained vestigial, or it has been growing extremely unevenly in the different areas.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert W. Fogel, 1999. "Catching Up with the Economy," American Economic Review, American Economic Association, vol. 89(1), pages 1-21, March.
- Daron Acemoglu & Simon Johnson & James A. Robinson, 2002.
"Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 117(4), pages 1231-1294.
- Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," NBER Working Papers 8460, National Bureau of Economic Research, Inc.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004.
"Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development,"
Journal of Economic Growth,
Springer, vol. 9(2), pages 131-165, 06.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2002. "Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development," CID Working Papers 97, Center for International Development at Harvard University.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2002. "Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development," NBER Working Papers 9305, National Bureau of Economic Research, Inc.
- Rodrik, Dani & Subramanian, Arvind & Trebbi, Francesco, 2002. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," CEPR Discussion Papers 3643, C.E.P.R. Discussion Papers.
- Douglass C North & John Joseph Wallis & Barry R. Weingast, 2006. "A Conceptual Framework for Interpreting Recorded Human History," NBER Working Papers 12795, National Bureau of Economic Research, Inc.
- Kornai, János, 2010.
"Innováció és dinamizmus. Kölcsönhatás a rendszerek és a technikai haladás között
[Innovation and dynamism. Reciprocal effect between systems and technical advance]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 1-36.
When requesting a correction, please mention this item's handle: RePEc:mje:mjejnl:v:8:y:2012:i:2:p:151-164. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eryk Wdowiak)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.