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Abstract

Vol. 52, No. 4, pp. 333-347 (2001)

“Reconsideration of FDI in Hungary in the 1990s”
Yoshiaki Nishimura (The Institute of Economic Research, Hitotsubashi University)

This article is a sequel to my paper published in The Economic Review Vol. 49 No. 4, in which I examined developments of FDI in Hungary. Now it is my present task to reexamine Hungarian developments in the field of FDI. That is necessary, partly because Hungary enjoyed the greatest inflow of FDI among the transitional countries in the 1990s, and a vast economic sector of enterprises with foreign capital has formed and taken hold in her economy, which is no longer negligible. And it is necessary partly because I could only utilize data on the Hungarian economy up to about 1995 in the former paper, but recent tendencies of FDI have been revealed to be crucial for the economy. In this article, on the basis of statistical data collected in the second half of the 1990s, I raise a serious problem of the deepening duality of the economic structure in Hungary.