IIPM Admission

Thursday, January 04, 2007

IIPM Press Release :- A‘MAZE’ING PAST

IIPM PUBLICATION
The labyrinth of past that has formed Hungary as we know it today is one of the most colourful ones in the world. Hungary witnessed numerous reforms, expansions, disintegrations and devastations by various empires, be it the Tartars or the Turks, the Habsburgs or the Russians. The country in the later half of the 19th century witnessed growth of Industrialisation and slide of agriculture which led a fury amongst the suppressed commoners. Subsequently, this fuelled unrest in 1918 when the nationalists inspired by the Russian revolution of 1917 sought for independence. And on November 16, 1918 Count Michael Karolyi, Prime Minister to Emperor Charles I, declared Hungary an independent republic and marked the beginning of communist rule in the country. But political & diplomatic issues of this era pushed the country into economic misery, thereby compelling the nation to look westward for trade. Hungary opened itself to the world by opening its borders with Austria in 1989, when both the countries ceremonially removed the ‘iron curtain’ separating them. In 1990, under the leadership of Prime Minister Josef Antall liberalisation got further impetus. Antall sought economic liberalization through reforms, which included freedom being given to the press & private businesses along with changes in the election processes. In the same quest Hungary joined the NATO in 1999 under Prime Minister Viktor Orban of the conservative Hungarian Civic Party. In May 2004, Hungary joined the EU (partial integration).

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2006

An
IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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