Suchergebnisse

"The essence of the blockchain technology lies in that via connected IT devices such a base of information is formed which simultaneously, with making a thousand copies, is able to register data of transactions, automated transactions, without any external supervision and the possibility of retrospective one-sided modification. Many believe that the system of blockchain (and the digital general ledger system forming its base) will bring about such a change into our lives which the Internet brought when it started to spread in the 1990s.
The most successful examples of blockchains so far are financial tools. The Court of the European Union has already ruled in judgement no. C264/14 that bitcoin virtual currency is considered to be a contractual money, it is a direct money between economic actors who accept it.
It is a perpetual dilemma of the law and legal regulations that lawmakers react to the events of everyday life slower than the speed at which economic actors find new solutions to various problems. Do new possibilities provided by blockchains surpass risks, or is it just like an Internet article warns: are hackers becoming the new lawyers? What can a corporate lawyer say to the previous question − can salary be asked for in bitcoin?
This presentation tries to answer the question of how much the blockchain system facilitates the conclusion of employment contracts or the fulfillment, the control, and the administration of employment relationships and whether the human element is indispensable in the operation of these systems."

The primary objective of implementation research is to identify the success factors of policy implementation, and the definition of the conditions that are necessary to the effective realization of strategic objectives. Among the success factors financing conditions are of crucial importance. Money itself is not enough to the successful implementation of the policies, but the lack of the necessary financial resources leads to policy failure. In general, a partial fulfilment of the conditions leads to partial success of the implementation of a given policy. Environmental policies could be possible targets of implementation research, and they are very sensitive to the financing conditions. In my paper I examine the influence of the lack of the necessary financial resources for the implementation of the new Hungarian waste management policy launched in 2013. First I discuss the theory of implementation as a framework, then I analyze the financila conditions of the new waste management policy in that framework.

The fact that the fossil fuels are getting more expensive all around the world most probably will cause certain difficulties in the energy supply of Hungary. Promoting the use of renewable energy resources in our country is vital. We don't have to pay to foreign countries for them and we can employ Hungarian workforce while producing renewable energy resources. We are concerned about the risks while using renewable energy resources and we take full responsibility for them. The expansion of use of renewable energy resources relies fully on economic productivity. The lack of capital, the biggest problem in Hungary, doesn't give much of a hope either. Still every single consumer should see that a lot of money should be spent on the use of these local resources on the short term. This constraint must be widely known by the population. Economic progress demands from everyone to use renewable energy resources as frequently as possible, though these may seem more expensive than the traditional energy sources.

The adoption of the new multiannual financial framework for the period 2021-2027 is one of the most important questions in the EU nowadays. It always belongs to the most difficult and time-consuming decisions the member states have to make. Such a decision should represent several interest like the net contributor and net beneficiary states' aims, the willingness of the European Commission and the European Parliament to make the cooperation among the countries deeper and to extend the cooperation to new policy areas too. The EU's long term multiannual financial framework (MFF) influences and somehow defines the next years' yearly budget and the benefits the member states can receive from the common budget of the EU as well. The main spending numbers represents the importance of the different policy areas as the EU provides resources for the topics which will be in focus in the next seven years. The decision about the new MMF is more complicated than the earlier ones. As a result of the Brexit there will be a gap in the common budget. As at the beginning of the MFF negotiations the way and the exact date of the Brexit was not clear the whole process became less transparent and predictable. On the other hand, the EU planes to provide significantly more money to new priorities and goals like border security, competitiveness or foreign policy. It means that the two traditional beneficiary policy areas' (the CAP and the Cohesion spending) share should decrease within the common budget. This study examines the effects of this decrease on the CAP 2nd pillar, rural development.

This study is a natural continuation of the author's earlier book on privatization in Hungary, covering the developments between 1989 and 2009 on 1700 pages. As it is well-known, the right wing FIDESZ government, which came to power with a 2/3 supermajority in Parliament, has embarked upon a totally new economic policy as from mid-2010. Within this setting, illiberal constitutional changes and unortodox economic policies were implemented. Renationalization was a significant (but not the most important) building block of this. As we analysed the individual transactions, it turned out that actually many of them were initiated by the previous, Socialist led government. In other words, there are interesting elements of continuity here, especially in the energy sector. Another interesting finding is, that almost without exceptions, the renationalization deals were not implemented by force, the Hungarian state paid quite generously to the sellers. In the case of the largest deals, there is even reason to speak of sweetheart deals through which the Hungarian government tried to make favour to German and US businesses. So far, the renationalization affected more than 200 firms (including banks) for which some HUF 1600 bn (≈ 5bn €) state money was used. This figure, just as the sums involved in the individual transactions are somewhat misleading, if compared to the privatization revenues generated by previous governments prior to 2010. However, if all transactions – i.e. asset sales and asset purchases – are expressed as a percentage of Hungary's annual GDP, it becomes clear that the post 2010 nationalization deals were much smaller than the 1990-2000 privatization deals.