Volume: 2010

Issue: 02

Author(s):

Péter Ákos Bod

Article title:

The IMF, the EU and the Sovereign Borrower: the Case of Hungary 2008-2010

Journal:

Theory, Methodology, Practice

Pages:

3-9

Keywords:

JEL-code:

G28

DOI:

Abstract:

There have been intensive debates in Hungarian public life on the ways of regaining economic
sovereignty and enlarge the room of manoeuvre of the national government vis-á-vis international
financial institutions. The paper addresses the concepts of sovereignty and offiscal room of
manoeuvre of a (new) EU member state, and the nature of sovereign debtors' dependence on
foreign finance in the post-2008financial context. The author concludes that contrary to wide
spread beliefs, nation states do have options regarding relations to supranational and international
bodies, yet the preconditions of successful manoeuvring are hard to attain.

Bibtex entry

{
@ARTICLE { TMP201002-3,
AUTHOR = {Péter Ákos Bod},
TITLE = {The IMF, the EU and the Sovereign Borrower: the Case of Hungary 2008-2010}
JOURNAL = {Theory, Methodology, Practice},
VOLUME = {6},
NUMBER = {02},
PAGES = {3-9},
YEAR = {2010}
}

License:

CC-BY
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