• Géza Sebestyén

Proactivity and Innovation as a Means of Central Bank Renewal

Proactivity and Innovation as a Means of Central Bank Renewal

The 2008-2009 global crisis created major challenges for fiscal policy, monetary policy and the financial regulatory authority at the same time. To respond to these challenges, proactive and innovative solutions were needed. This paper presents the niche volume of the Magyar Nemzeti Bank (National Bank of Hungary), which describes the measures that resulted in the turnaround of the Hungarian fiscal and monetary policy.

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  • Zoltán Sipos

Review of Book Entitled Management for the Benefit of the Public

Review of Book Entitled Management for the Benefit of the Public

The handbook entitled Management for the Benefit of the Public. Public Finance Admin-istration and Management includes studies by well-known Hungarian authors, mainly economists. The book review emphasizes that in addition to being a gap filler innovative reference work, it is an excellent textbook for public service experts as well as for specialists in the early stage of their careers. Significance of the economic policy reforms and the specific need for a new type of public service managers are highlighted in this book. The author of the review points out that the professional methods, needs, required knowledge differ in the public and private sectors.

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  • Ernő Huszti1

On the Change of Regime in Public Finances and the Theoretical and Practical Features of the Hungarian Method

On the Change of Regime in Public Finances and the Theoretical and Practical Features of the Hungarian Method

In the period after the 2007-2008 crisis, the practical methods and academic schools advocating that economic growth and financial stability are maintainable through the state’s proactive and reasonable economy engineering also strengthened in Hungary. One of the most prominent and trendsetting professors of these efforts is Csaba Lentner, who outlined, in his book Change of Regime and Financial Policy, ideas worth familiarizing with and inviting professional discussions. More than a quarter of a century after the change of regime in Central and Eastern Europe, the applied economic policy models and system taxonomies are repeatedly compared and new comparative methods emerge overwhelmingly, con firming the significance of and academic grounding for statecraft, including public financing and good governance.

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  • János István Németh

1956 in the Oral Tradition in Sokorópátka

1956 in the Oral Tradition in Sokorópátka

In her new book, Dr Adél Vehrer, ethnographer, associate professor and an emblematic personality of her generation in this discipline, explores the essence of the national unity created during the 1956 Hungarian Revolution and Freedom Fight, an event that also influenced international history. This review aims to highlight the correlations in this complicated process, in the hope that the book, while serving our generation, will be a cu-riosity in the future. The English translation of the book was published simultaneously with the Hungarian version.

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