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Foreign banks are branching out: changing geographies of Hungarian banking, 1987-1999

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posted on 12.11.2014, 13:32 by Heike Jons
Walking through the streets of Budapest in spring 1999 could have given you the following impression: the supermarkets (Spar), the milk products sold there (Danone, Müller), and the property markets (OBI) come from different Western European countries such as the Netherlands, France and Germany. Almost all fast food restaurants (McDonalds, Pizza Hut, KFC) and many hotels (Hilton, Mariott) have their origins in the US; shoes and clothes offered in downtown are designed in Italy or France (Benetton, Marco Polo); medicine is predominantly produced in Switzerland (Novartis, Roche) and the banks as well as the car dealerships have their roots everywhere in the so-called Western world - usually including Japan and other Asian countries with major (car) companies - but not in Hungary itself....

History

School

  • Social Sciences

Department

  • Geography and Environment

Published in

Transformations in Hungary: Essays in Economy and Society

Pages

65 - 124

Citation

JONS, H., 2001. Foreign banks are branching out: changing geographies of Hungarian banking, 1987-1999. IN: Meusburger, P. and Jons, H. (eds). Transformations in Hungary: Essays in Economy and Society. Heidelberg: Physica-Verlag, pp. 65 - 124.

Publisher

© Physica-Verlag

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2001

Notes

This is a chapter from the book Transformations in Hungary: Essays in Economy and Society. The definitive version is available at: http://link.springer.com/chapter/10.1007/978-3-642-57584-6_3# . The original publication is available at www.springerlink.com

ISBN

9783790814125

Language

en

Editor(s)

Meusburger, Peter;Jons, Heike

Location

Contributions to Economics

Exports

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Keywords

Exports