• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, Electronic Journals Library , EBSCO
    • E-mail: ijtef.editorial.office@gmail.com
IJTEF 2021 Vol.12(4): 92-98 ISSN: 2010-023X
DOI: 10.18178/ijtef.2021.12.4.700

The Success of Japanese Foreign Market Investments in Hungary

Botond Kálmán and Arnold Tóth

Abstract—This study examines the recent history and current state of a special area of Japanese-Hungarian economic relations, foreign direct investments (FDI) in Hungary. We reviewed the flow of Japanese capital into Hungary. Foreign direct capital investments can improve productivity on the one hand via technology transfer, and one the other hand, they may have further positive effects through corporate relationships, such as market access or improved financing conditions. Through these means, they strengthen economic growth. When analyzing the data on the historical development of Japanese investment, we showed that the automotive industry plays a dominant role. Based on our results, the influx of Japanese FDI into the Hungarian economy is mutually advantageous to both parties. The most important result for Hungary was economic growth and for Japan, the easier access to the EU markets. Japanese-Hungarian relations are not limited to economic cooperation, they are present in everyday life and continue to grow closer.

Index Terms—Economic growth, foreign direct investment, Hungary, Japanese companies.

Botond Kálmán is with the Eötvös Loránd University, Budapest, Hungary (e-mail: kalmanbotond@student.elte.hu).
Arnold Tóth is with Budapest Business School, Budapest, Hungary (e-mail: toh.arnold@uni-bge.hu).

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Cite: Botond Kálmán and Arnold Tóth, "The Success of Japanese Foreign Market Investments in Hungary," International Journal of Trade, Economics and Finance vol.12, no.4, pp. 92-98, 2021.

Copyright © 2021 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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