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• Szerződési szabadság és gazdasági növekedés az átmeneti országokban

  95-114

  Pal Czegledi

  Views:

  121

  A tanulmány a verseny gazdasági növekedésre gyakorolt hatásait vizsgálja, középpontba állítva a verseny szubjektivista (modern osztrák) felfogását. Legfontosabb következtetése az, hogy a verseny a vállalkozói felfedező folyamaton keresztül tud a legjobban érvényre jutni. Ennek alapján amellett érvel, hogy a versenynek eme aspektusa a gazdasági szabadsággal mérhető, és az átmenti országok esetében ennek nagyobb a szerepe, mint a fejlett és fejletlen országokban. Az elméleti következtetést a tanulmány panelelemzéssel támasztja alá.

  JEL (Journal of Economic Literature) kód: O12, O17, L14.

• Political budget cycles: fiscal cycle effects in state expenditures in Poland

  47-62

  Agnes Halasz

  Views:

  128

  In this paper we aim to investigate what kind of role fiscal cycles played in the development of the state budget balances in Poland between 1989 and 2011. Overall, the results of the latest research have found that political budget cycles (PBC) are more typical in less developed countries with a shorter period of experience with democratic institutions, such as the post-socialist transition economies. Nevertheless, empirical studies point out that this phenomenon has been disappearing over time as voters learn how democratic institutions and political manipulation operate. However, this theory could not be proved by testing the pattern of Poland, neither in the case of budget balances nor for state expenditures. Despite the fact that some fiscal cycle effects were found in public sector wages and pensions in the election period of 1997 and 2001, these proved to be temporary, and simultaneously some other measures were identified that counterbalanced the effects of pork barrel spending. Overall, the cyclical evolution of the budget balances in Poland, particularly in the nineties, was not a result of political budget cycles.

  Journal of Economic Literature (JEL) classifications: D72, E62, H3

• HR Funtion Under Changes at Subsidiaries of Foreign Multinational Firms in Light of an Empirical Study in Hungary

  98-116

  Jozsef Poor

  Views:

  430

  Following almost two decades of multinational companies (MNCs) operating in the transitional economies of Central and Eastern Europe (CEE) expatriate and local managers continue to ask the following question: “How can we effectively manage the available human resources from our subsidiaries or assignees from the corporate centre?” A model of human resource (HR) practices in the subsidiary units of MNC’s in Hungary was developed from a review of the literature, extensive professional experience in the region and an interview-based survey at 42 subsidiaries of large multinational companies. This model describes the evolution of different HR variables in the light of external (macro) and internal (firm specific) factors.

  Journal of Economic Literature (JEL) classification: M16, M51, M52 és M54