How Effective the Hungarian Subsidy System in the Strengthening of Economic Development of Hungary?

Abstract

In this study I present on the one hand the Hungarian National Investment Incentive Framework System, the regulation of Subsidies under Unique Government Decision, and evaluate them in the case of automotive industry investments based on various viewpoints. I also search for the answer to the question of how effective it is to provide considerable state subsidies, benefits and advantages to foreign investors in the competition to obtain foreign investment in the case of automotive industry investments. This question has been strongly on the minds of policy makers, on the local, regional, national and global level respectively.