Hungary is not following a state capitalism model. It is not the state itself that owns most strategic assets, but businessmen close to the party in power, Fidesz. One might say this is closer to the Putyin playbook, creating a class of oligarchs that control the commanding heights of the economy (banks, telecom interests, utilities, … Continue reading "The Oligarch Model in Hungary By Les Nemethy, CEO Euro-Phoenix M&A Advisors, former World Banker" The post The Oligarch Model in Hungary <b...
