Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi (Apr 2010)

Integration Maturity of Hungary: Europeanısatıon and Economic Elite in Hungary

  • Tibor PALANKAI

Journal volume & issue
Vol. 12, no. 2
pp. 59 – 76

Abstract

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Present Hungarian elite was born from process of transformation after 1990. Hungarian economy has become one of the most globalised economies of the world, and integrated to Europe. In business elite two generations are distinguished. The older generation was already in manager or owner position before the system changed, but they did not come from Communist political nomenclature. The second generation finished their university studies in the late 1980s, without any initial capita, and their emergence showed greater similarities to Western contemporaries. Others are present managers and technocrats of big companies (TNCs and national as well), bankers and also from SMEs. The main group is from the political and public administration bureaucracy, who is in important positions at ministries, local authorities or at European institutions. The Hungarian elite is Europeanised, but divided, because some part, particularly national companies and SMEs are negatively affected by process of European integration.

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