CEU Electronic Theses and Dissertations, 2015
| Author | Csillag, Tamás |
|---|---|
| Title | Understanding 'Orbanomics': Economic Nationalism in the Era of Globalization |
| Summary | The global resurgence of nationalism is one of the many negative consequences of the 2008 economic and financial crisis. Nationalism has since manifested in the shape of economic policies. This paper makes contributions to our understanding of this complicated phenomenon by performing empirical analysis on one of the most perplexing cases of economic nationalism: the post-crisis Hungarian experience. By applying the methodological frameworks of path dependency and critical junctures as well as the rational choice theory this paper is proposing an explanation as to why did the Hungarian government resort to a levy on the financial sector, forex relief schemes, or the bank nationalizations, and why has it been doing so in this particular manner. This investigation finds that the economic policies adopted between 2010 and 2015 in Hungary are highly pragmatic and rational, taking into consideration the economic trends leading up to the crisis and the political realities of this period. Finally, having demonstrated that economic nationalism is only present in certain sectors of the Hungarian economy, this paper argues that the current processes should not be mistaken for a major reversal of economic globalization. |
| Supervisor | Dorothee Bohle |
| Department | Political Science MA |
| Full text | https://www.etd.ceu.edu/2015/csillag_tamas.pdf |
Visit the CEU Library.
© 2007-2021, Central European University