Lengyel László: Farkasok vagy kutyák dala

Kérdi tőlem Bajnai Gordon mit rontott el. Elgondolkodom. Mondjam: mindent. Hiszen 2012-es októberi céljaiból szinte semmi se valósult meg. Mondjam: semmit. Nem az ő, hanem a magyar politika szerkezeti hibája, hogy nem sikerült áttörnie.

Vasárnapi Hírek, 2013. június 16. Tovább»​​​​​​​

Privatization in Central East Europe: can it be designed?

According to general understanding, privatization in Central East Europe does not simply mean the transfer of individual firms from state hands to other proprietors, but it is the precondition and the main instrument of rebuilding the whole economic system. Thus, the task is not to fit in state owned enterprises into a functioning market but to create this new integration mechanism parallel with and by the mean of a wide-ranging change of ownership structure. One of the basic dilemmas of the transformation is, whether it is possible to build up the frameworks of a decentralized market mechanism applying a comprehensive, homogeneous privatization strategy, carried out by centralized governmental institutions. In other words: can privatization be designed?
Based on the Hungarian experience, in comparison with Czech-Slovakia and Poland, this paper will argue that all governments have tried to do so. Nevertheless, their attempts to design ownership changes have been successful at a different degree - not (only) in terms of privatized assets or enterprises but in terms of the impact of programs, guidelines and centralized decision making on the transformation of the proprietary structure. The degree of "design" will be characterized by the stability versus shifts of governmental privatization policies and the relationship between the programs declared and the empirical changes.

In: Institutional Design in New Democracies, A. Lijphart, C.H. Waisman eds., Westview Press, Boulder, Colorado, 1996. 177-194. Tovább»​​​​​​​

Privatization as a ?Learning Process?: The Case of Hungary

Hungarian privatization is considered as a process which has been dominated by standard methods. Most of the firms were sold via public tenders, private placement or public offerings and state budget generated significant cash income from selling. A detailed analysis, however shows that the course of privatization has neither been direct nor uniform even in this country. Every conceivable approach occurred on the scene during the last decade, including free distribution to individuals and institutions or preferences to different types of buyers as well as loosely controlled movements and centralized governmental decisions.
The intention of this paper is to show some reasons behind these fluctuations. Privatization is regarded here as a learning process. Learning process not in a technical sense but rather a trial and error approach, an adjustment of all main actors (governments, enterprise management and potential new owners) led partially by constraints, partially by changing opportunities.

In: Successful Transitions, Political Factors of Progress in Post-socialist Countries, Jürgen Beyer, Jan Wielgohs, Helmut Wiesenthal eds., Nomos Verlagsgesellschaft, Baden-Baden 2001. 139-152. Tovább»​​​​​​​

Ownership and Corporate Governance in the Hungarian Large Enterprise Sector

Privatization of the post-socialist economies, including the transfer of state assets to other proprietors, new start ups and green field investments has produced a wide variety of ownership structures in Central and Eastern Europe. One of the main question discussed in recent years concerns the basic characteristics of the post-socialist ownership. Are the new structures peculiar as compared to recent Western market economies, as several researchers argue (Stark 1996, Earle and Estrin 1997, Andreff 1998)? Is the dominant form some kind of recombinant property, i.e. a mixture of state and private ownership, dominated by inter-organizational (corporate) shareholders (Stark 1996, Stark and Kemény 1997)? Or we face a model of managerial capitalism, as Szelényi-Eyal-Townsley (1996) suggest?
This paper analyses the Hungarian case that seems to be rather special in comparison to other post-socialist countries - but not peculiar in comparison to some other market economies. We will argue that the basic features of the ownership structure in big enterprise sector are not dominated by specific institutional solutions. If there are some specific features, they include mainly quantitative aspects (like the concentration of assets, outputs and ownership positions, the predominance of foreign investors) instead of qualitative ones.

In: Corporate Governance in a Changing Economic and Political Environment: Trajectories of Institutional Change, Michal Federowicz, Ruth V. Aguilera eds., Palgrave MacMillan, New York, 2003. 170-194. Tovább»​​​​​​​

Népek ősze

Mostanában sokan a válságot a népek és nemzetek történeti sajátosságaira vezetik vissza. A neo-weberiánusok megint előállnak azzal, hogy természetes Európa kettéoszlása a megtakarító, szorgalmas, fegyelmezett és hitelező északnyugatiakra és a fogyasztó, lusta, fegyelmezetlen és adós délkeletiekre, hiszen a választóvonal a protestantizmus és a katolicizmus, vagy keleti kereszténység választóvonala. Tovább»​​​​​​​


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