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world economy

The Garden of Eden by Izaak van Oosten (detail, 1655–1661)

Capitalism’s Facelift

‘We aim to draft a manifesto that sheds light on an alternative kind of capitalism—primarily beneficial for domestic business circles—which we refer to as “inclusive capitalism”. It is important to emphasize that our goal is not solely to outline inclusive…

Hungary Has Become the Most Attractive Investment Location in Eastern Europe

Hungary is the most attractive investment location in the Eastern Europe and Central Asia region according to Site Selection Magazine’s Global Best To Invest. In recent years, Hungary has experienced a significant surge in investment from Eastern countries, particularly China,…
Gustave Doré, Arrival of Charon (1857). Illustration to the Divine Comedy by Dante Alighieri. Private Collection

Navigare necesse est: The Reshuffling of the World Order as Seen from Hungary

‘As opposed to the European mainstream, which proclaims multiculturalism but in reality wraps itself up in cultural arrogance, Hungary’s openness and pragmatic stance towards the seven eighths of the world that is outside the Western realm already confer an advantage…

Can the World Economy Be Made Stable and Growing amidst Dominant Ideologies and Interests?

As regards so-called ‘globalization’, it is becoming evident that—due to technological and supply chains complexities—it is reaching its natural limits. We should, therefore, pay more attention to the rationality of domestic policies….

Financial Flows, Supply Chain Politics, and Europe’s Stagflation

There is a slowdown in global growth. The economies of a once highly globalized world are drifting apart. The EMU economy is being hit particularly hard. The recession is coming and, according to projections, the EMU will soon enter stagflation,…

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