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The Role of Foreign Capital in the Competitiveness of the Hungarian Economy
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2020-08-06
https://doi.org/10.47282/ECONOMICA/2012/5/Különszám/4490
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Copyright (c) 2012 College of Szolnok
This work is licensed under a Creative Commons Attribution 4.0 International License.
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Hojsza, G. (2020). The Role of Foreign Capital in the Competitiveness of the Hungarian Economy. Economica, 5(Különszám), 71-77. https://doi.org/10.47282/ECONOMICA/2012/5/Különszám/4490
Abstract
Capital is needed for development, the catch-up with the developed countries, creating and boosting competitiveness, which may come from internal and external sources. Our internal resources have always been limited and still are, so we have to resort to external resources, too. The external source can be a foreign credit, a grant, an aid, and foreign direct investment. Foreign capital has been and still is indispensible in the various stages of our economic development.