The illiberal economy: The long-term development of the Hungarian economy under Viktor Orbán (Record no. 9165)

MARC details
000 -LEADER
fixed length control field 02627nam a22003617u 4500
001 - CONTROL NUMBER
control field pwiiw7558
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260518120039.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 260408t2026 au ||||| |||| 00| ||eng d
040 ## - CATALOGING SOURCE
Transcribing agency OSt
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
084 ## - OTHER CLASSIFICATION NUMBER
Classification number E60
-- O47
-- O52
-- P26
-- P27
-- F21
Number source jelc
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Holzner, Mario
245 10 - TITLE STATEMENT
Title The illiberal economy: The long-term development of the Hungarian economy under Viktor Orbán
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Wien :
Name of publisher, distributor, etc. Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
Date of publication, distribution, etc. 2026.
300 ## - PHYSICAL DESCRIPTION
Extent 17 S.,
Other physical details 10 Figures,
Dimensions 30cm.
490 1# - SERIES STATEMENT
Series statement wiiw Policy Notes and Reports
Volume/sequential designation 107
520 ## - SUMMARY, ETC.
Summary, etc. This assessment provides a long-term analysis of Hungary’s economic trajectory under the administration of Viktor Orbán since 2010. Taking the start of the European financial crisis in 2009 as a baseline, it evaluates the impact of ‘Orbánomics’ – a policy mix defined by deterioration in institutional quality, state intervention and sectoral taxation for the creation of a nationalist, capitalist class, and an ‘Eastern Opening’ strategy to diversify away from the European Union. Through a comparative lens that focuses on the region of Central, East and Southeast Europe (CESEE), the study finds that Hungary has transitioned away from being a regional front-runner to languishing in the midfield. Key findings highlight a widening 7 percentage point GDP growth gap relative to the CESEE average, a significant slowdown in convergence toward the ‘Austrian Benchmark’, compared to peers like Croatia and Romania, and a regressive shift in sectoral specialisation from high-innovation ICT toward low-complexity real estate. Furthermore, the analysis underscores the severe ‘institutional tax’ resulting from deteriorating governance scores and the subsequent withholding of EU transfers, such as the funds from the Recovery and Resilience Facility (RRF). The study concludes that without urgent political and economic reform and institutional reconciliation, Hungary risks permanent entrenchment in a nationalist development trap.<br/>
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Hungary
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economic Convergence
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Foreign Direct Investment
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Institutional Governance
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Rule of Law
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Sectoral Specialisation
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element EU Recovery and Resilience Facility
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name European Union
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Hungary
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Macroeconomic Analysis and Policy
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element International Trade, Competitiveness and FDI
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Volume/sequential designation 107
Bibliographic record control number WIIW0000092
Title of a work wiiw Policy Notes and Reports
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://wiiw.ac.at/p-7558.html">https://wiiw.ac.at/p-7558.html</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Paper
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Inventory number Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
        WIIW WIIW Library 04/08/2026 pwiiw7558   107 1000010007558 04/08/2026 04/09/2026 Paper
The Vienna Instiute for International Economic Studies (wiiw)