Economic Research

IntroductionWhen the long awaited collapse of the Berlin wall materialised, most peoplehaving hoped for this were taken by surprise, which later was taken over by fear,uncertainty and ended up in policy paralysis in practical terms. The EuropeanCommunity, whose charter declared openness to all...

Introduction In Hungary, the first steps of the privatisation of public utilities affected telecommunications and the energy (gas and electricity) sector. The first phase of the privatisation of the power industry occurred in 1995-96, and the process may continue in 1997. Political and...