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    The State, International Agencies, and Property Transformation in Postcomimmist Hungary

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    Issue Date
    2002-07
    Author
    Hanley, Eric
    King, Lawrence
    Janos, Istvan Toth
    Publisher
    University of Chicago Press
    Type
    Article
    Article Version
    Scholarly/refereed, publisher version
    Metadata
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    Abstract
    This article challenges evolutionary accounts of property transformation in postcommunist Hungary, which hold that novel property forms based on interenterprise ownership have emerged in that country. It shows that private property has emerged as the predominant category of ownership in Hungary and explains the rapid diffusion of private ownership by focusing on the actions of the state and international agencies such as the International Monetary Fund and the European Union. Following the collapse of communism, state actors in Hungary promoted the domestic accumulation of capital by subsidizing the sale of state enterprises to private parties, particularly enterprise insiders. Pressures from international agencies ultimately forced government officials to abandon this policy, however, and to conform to a neoliberal model of the state that allowed direct foreign investment. The conclusion considers the capacity of states to intervene in economic processes in an environment increasingly dominated by suprastate agencies.
    Description
    This is the published version. Copyright 2002 University of Chicago Press.
    URI
    http://hdl.handle.net/1808/17944
    Collections
    • Center for Russian, East European, and Eurasian Studies Scholarly Publications [546]
    • Sociology Scholarly Works [78]
    Citation
    Hanley, Eric, Lawrence King, and Istvan Toth Janos. "The State, International Agencies, and Property Transformation in Postcommunist Hungary." American Journal of Sociology Am J Sociol 108.1 (2002): 129-67. Web.

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    Contact KU ScholarWorks
    785-864-8983
    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    785-864-8983

    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    Image Credits
     

     

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