Transformation of the foreign language-teaching market.
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There are no businesses in majority foreign ownership on the language teaching market and import competition is negligible. One curious feature of this market is the persistent and decisive presence of public education financed by the public purse and local government authorities (the state). As an effect of shortage, commercial relations began to develop on this service market during the final years of the socialist system; new firms appeared in large numbers. The demand for language instruction grew rapidly in the last years of socialism and the early years of the systemic change, then fell during the transformational recession, and rose again in the years around Hungary's EU accession. These days demand has slowed again and the market shows signs of saturation.
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