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Hungary’s Post-Orbán Economy: From Sovereign Dependence to Dependent Upgrading
Event by: Institute of International Relations Prague / Ústav mezinárodních vztahů
Location: Nerudova24 Souvenir, Nerudova 24, Praha 1
Discussions and lectures
About event
It is our pleasure to invite you to “From sovereign dependence to dependent upgrading: Hungary’s post-Orbán economy,” with Associate Professor Gergő Medve-Bálint.
19 May 2026, 16:00
Institute of International Relations Prague (Nerudova 257/3, Prague 1)
Language: English
Please register via our website: https://www.iir.cz/from-sovereign-dependence-to-dependent-upgrading-hungary-s-post-orban-economy
In the April 2026 elections, Hungary experienced a landmark change of government as Viktor Orbán lost power. Incoming Prime Minister Péter Magyar has pledged to reform the Orbánist economic model, but what did this model actually look like, and what are the realistic prospects and motivations for change?
Dr Medve-Bálint will examine the economic model Orbán left behind. This talk will explore how that model shaped Hungary's growth trajectory, and how the suspension of EU funds and the slowdown of foreign investment exposed its vulnerabilities, contributing to economic stagnation in the 2020s. With a new government now in place, how will foreign influence be reconfigured under new political management?
Gergő Medve-Bálint is an Associate Professor at Corvinus University of Budapest and Senior Research Fellow at the Institute for Political Science, ELTE Centre for Social Sciences.
19 May 2026, 16:00
Institute of International Relations Prague (Nerudova 257/3, Prague 1)
Language: English
Please register via our website: https://www.iir.cz/from-sovereign-dependence-to-dependent-upgrading-hungary-s-post-orban-economy
In the April 2026 elections, Hungary experienced a landmark change of government as Viktor Orbán lost power. Incoming Prime Minister Péter Magyar has pledged to reform the Orbánist economic model, but what did this model actually look like, and what are the realistic prospects and motivations for change?
Dr Medve-Bálint will examine the economic model Orbán left behind. This talk will explore how that model shaped Hungary's growth trajectory, and how the suspension of EU funds and the slowdown of foreign investment exposed its vulnerabilities, contributing to economic stagnation in the 2020s. With a new government now in place, how will foreign influence be reconfigured under new political management?
Gergő Medve-Bálint is an Associate Professor at Corvinus University of Budapest and Senior Research Fellow at the Institute for Political Science, ELTE Centre for Social Sciences.