Lendvai, T., Tésits, R., & Alpek, B. L. (2021). Theoretical bases in the examination of the economic relations system of foreign direct investment arriving in Hungary (1960–2004). Modern Geográfia, 16(3), 1–28. https://doi.org/10.15170/MG.2021.16.03.01
The aim of the study is to systematize the Hungarian literature (1960–2004) on working capital coming into Hungary. A special role is given to the identification of the trends and topics, as well as the separation of the criteria systems shaping the paradigms. In the content analysis, we focused on not only quantitative but mainly qualitative aspects related to working capital. We interpreted the trends in two periods: the era between the 1960s and 1990, as well as the period between the 1990 and Hungary’s accession to the EU, by evaluating articles mainly on macroeconomics, industrial economics and economic geography. Before 1990, the emphasis was placed on the economic effects related to foreign direct investment. From the 1990s, first the quantitative aspects, then from the middle of the decade again the qualitative elements – specifically the economic and regional integration of working capital and the additional effects arising from it – came to the focus of scientific inquiry.
Keywords: investment; literature review; supplier networks; economic embedding, Hungary