IN THE GLOBAL ECONOMY PREVAILING TRENDS AND THEIR EFFECT IN THE HUNGARIAN ECONOMY
Topic leader: Zoltán Nagy Ph.D., head of department, associate professor

Objectives:

• The world economy processes - for example: the transnationalisation, the globalization - have determining significance in the 21. century. The freedom of movement of the capital and the workforce may lead to the efficient allocation of the sources, the world economy characters’ changes, his development is from his viewpoint of the future of the Hungarian economy with significance emerging.
• The world economy processes affect the Hungarian economy diversely, favorable conditions are made for the development in most cases. The world economy dynamism, this European prosperity concerning our most important economic, of foreign trade partners within may constitute the basis of our economic increase. The expansion of the world trade may increase the domestic exports dynamically, the Asian economies showing the lasting and dynamic development may get a more important role for one beside the Euro zone. The joined countries’ with us closing up and his development offer additional opportunities for the Hungarian economic contacts together.
• In the international money- and capital market had happened fundamental changes in the past period, East Central European countries, between them Hungary, already not a working capital fund importer plays a role only, but than a capital investor takes a part in the process of the global working capital fund flow. The first stood for Hungary on place in the look of absorption capacity in the area for a long time. The largest part of the capital flowing out from the area’s countries stays within a region, affects the adjacent countries. The emergent regional-multinational companies invest inside the area generally, and characteristics which are typical of the global companies many times are showed. The working capital fund discharge may become increasingly more important in the next period, creating an opportunity in this manner to the companies’ additional development, and the country augments his incomes through the repatriation of the yields of initial capital on the foreign countries.

Research directions:

• the comparative examination of world economy regions, world economy action centres;
• Hungary’s place in the world order, changing of the country’s positions, changing of the economic contacts of the country;
• Hungary’s place in European Union’s economy, the Hungarian regions’ performance in an European comparison;
• The effect of the globalization in the Hungarian economy;
• the transnational and multinational companies’ role in the Hungarian economy, the Hungarian regional-multinational companies’ opportunities in the region, the working capital funds the peculiarities of a flow.