Voszka Éva
Economic Situation and Outlook of Hungary 2009-2010

One thousand or ten million? "The needy" in various groups
One basic decision to be made for the distribution of welfare assistance is how to assign the entitlement criteria. This also determines the number of those concerned and thus the extent of community expenditures. These principles are not only manifold in theory; but Hungarian practice also applies various methods in parallel. This study reviews the most important theoretically possible types of approach applied today, primarily on the basis of data supplied by the Hungarian Statistical Office and Tárki. The main task for the analysis is to determine the benefit requirements of how many people (households) should be taken into account when applying certain criteria, i.e. what multiplication factors can be assigned to the various political decisions regulating the macro-economic expenditures, also taking into consideration the advantages and drawbacks of the different approaches.
Esély (Chance) year 17, volume 4, July 2006 pp. 3-20
Union subsidy – state subsidy, commissioned by Financial Research Ltd
The most frequently mentioned element of Union accession, considered by many to be the most important, is the acquisition and distribution of community subsidies. The question is whether the subsidy Hungary receives from the European Union is essentially different from what until now we have called state aid. Will the subsidy received from the Union become a component of domestic redistribution? Initial and as yet incomplete experience suggests that it is a matter of a shift in proportions rather than a sharp turn. Although additional funds flowing into the economy are still slight, the Union subsidy and the co-financing commitment have not replaced the earlier redistribution, but have come along side it to some extent. Redistribution within the economy has therefore probably grown slightly following accession, despite the fact that enterprises only received one third of the structural funds directly, the rest being granted to non-profit organisations and to the state administration in control of distribution. The weight of decisions made by the single state apparatus has not changed, and may even have grown. The system of tenders has not become exclusive at all.
2006. (Éva Voszka)
CIB Bank
Some aspects of rating of debtors and bankruptcy forecasting by banks, commissioned by the CIB Bank
2006 (Éva Várhegyi, Éva Voszka)
15 years experience and the future of privatisation
The idea of concluding privatisation in Hungary first arose in 1997. Since then, two governments have considered the proposals and turned them down. In our estimation, the postponement occurred for short-term political-power reasons rather than for well-grounded economic considerations. Even in this case, however, economic rationality remained undamaged, as a fair number of companies could be still sold during recent years, though at varying rates. At the end of 2004 it did not appear impossible that with a few exceptions the state assets in the competitive sector would soon be acquired by new owners. The principle can thus be confirmed that privatisation is worth declaring completed if it has really been concluded, i.e. when the assets to be sold and able to be sold have been acquired by private companies.
In: Állami vagyon – privatizáció –gazdasági rendszerváltozás, ÁPV Rt. (State Assets – privatisation – economic transition, State Privatisation and State Holding Company) 2005, Számadás a talentumról sorozat ("Giving account of the talent" series) pp. 16-43
State Privatisation and State Holding Company
15 years experience and the future of privatisation commissioned by the State Privatisation and State Holding Company
2005 (Éva Voszka)
Budapest Electricity Works
Those entitled to state aid for household energy expenditures – an attempted definition of “the needy”, commissioned by ELMÜ (Budapest Electricity Works)
2005, (Éva Voszka)
State Ownership – Reasons in Principle and Dilemmas in Practice
Mainstream approach in 1990s considered the extension of private ownership, including transfer of state assets into private hands as a cornerstone of transition in Central and Eastern Europe. Thus, economists and politicians in these years were concerned mainly to justify privatization. Now the endgame, sales of remaining assets and in some cases revision of unsuccessful transactions is bringing back into the crossfire of political contention some basic theoretical issues debated at the beginning of privatization. Does it matter at all who the owner is? What can justify maintaining and extending state ownership? Can the state operate as a better owner in a market economy than in a planned economy? With almost 15 years experience of economic transformation, it becomes possible to examine the validity of theories in the light of practice.
Közgazdasági Szemle – Economic Review LII. évf., 2005. January pp. 1 - 23.
Hungarian Academy of Sciences
The main tendencies in regulating competition 2005-2007 (Chapter fragment of the analysis entitled "Middle-term prognosis for the Hungarian economy"), commissioned by the Hungarian Academy of Sciences
2005 (Éva Voszka)
A wasp’s nest
The Economic Competition Office’s role in shaping market structure
According to economic arguments, the monopolized enterprise structure inherited from the planned economy acts as an obstacle of market competition, so many of the big, artificially created state-owned firms have to be broken up. The state, through the Economic Competition Office as ‘guardian’ of competition, has to play an active role in this process. The logic is clear, but it was a matter of dispute both theoretically and in practice. The article presents the theoretical dilemmas of demonopolization that appeared during transformation. It shows the attempts to resolve them through competition regulation and the decisions of the Competition Office. The author concludes that the main role in building up competitive market structure was not played by the Competition Office, which declined the task to revise the inherited structure and to oppose several privatization decisions, considering these issues economically and politically sensitive. On the other hand, most mergers and takeovers connected with privatization were simply permitted not in contradiction with the law but sometimes by inconsistent reasoning.
Közgazdasági Szemle – Economic Review, LI. évf., 2004. January pp.1 - 23.

