Creando instituciones capitalistas: el funcionamiento del mercado de trabajo en Hungría en los años noventa

Abstract

This paper has two objectives. One is to determine to what extent ‘really existing Hungarian capitalism’ departs from an ideal-type neo-classical market economy, by establishing the importance of other relevant modes of governance, i.e. employment and labour market policy, labour law and collective bargaining, and how they constrain or enable market regulation. The second is to understand why it is the present institutional configuration that has emerged and not another of the in principle infinite variety of possible outcomes. The paper identifies who the main actors are that have been shaping labour market institutions, what their ideas, interests and reform programmes have been, and in which institutional and socio-economic context they have been operating.