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IS THERE ANY WAY OUT? HOW A PREMATURE WELFARE STATE FEEDS ON THE FACTORS CONDUCIVE TO ECONOMIC GROWTH (Van-e visszaut? A gazdasagi novekedes tenyezoit felemeszto koraszulott joleti allam)

100%
Csillag I.
Kozgazdasagi Szemle (Economic Review)
|
2009
|
vol. 56
|
issue 7/8
648-672
EN
The article identifies as the cause of the slowing of economic growth in Hungary on the 'premature welfare state' and its propensity to diminish the factors conducive to economic growth (labour supply, investment, savings, and increase in productivity). It shows how the conditions for economic growth are undermined by an extensive welfare system substituting for labour-market incomes, state care that stands in for personal savings, and high taxes (progressive income tax parallel with social security contributions). Also following from this overgrown welfare state is the fluctuation of domestic economic policy.
2

Transition or spontaneous order/disorder?

75%
Csaba L.
Kozgazdasagi Szemle (Economic Review)
|
2007
|
vol. 54
|
issue 9
757-773
EN
The article seeks to discover what causes can be traced for the economic and social differences that have become permanent or a trend after two decades. Secondly, it analyses what importance this model-like categorization of manifold differences bears. Thirdly and lastly, it examines the sphere of questions to do with the consequences of these differences. The main conclusion is that the community choices are significant, but their role is much less, by comparison with career dependence, than most theories assume. Achievement, to quote Hayek (1995) is borne of human endeavour, not human planning.
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