Our Past

The Review was founded in 1876.
Between 1876 and 1893 it was published under the title National Economic Review.

In 1893 the term ‘National Economic’ – taken incorrectly from German – was changed to ‘Economic’, the profile was extended and was published under the name of Economic and Executive Review for two years.
It became Economic Review in 1895 because of its inability to publish continuously in the field of executive. It was issued by the Hungarian Economic Society on the authority of the Hungarian Academy of Sciences. Between 1895 and 1948 it was known in Hungarian intellectual circles as the Economic Review.
The year 1947 was a break in the life and line of the paper, in accordance with the conditions of the era the Hungarian-Soviet Economic Review appeared. This course periodical was published parallel to our paper until 1948, when the Economic Review was terminated.
Its publication was restarted in 1954 as an organ of the Economic Board of the Hungarian Academy of Sciences. From that year a new volume is numbered. Since 1991 our paper has been issued by the Economic Review Foundation which had been established specifically for this purpose. Our main sponsors are the Hungarian Academy of Sciences and the Hungarian National Bank.

Before 1945 the Economic Review was marked by renowned predecessors, such as József Jekefalussy, Gyula Mandelló, János Bud and Farkas Heller. After 1945 the relaunched Review was edited by Ferenc Fekete and Sándor Zsarnóczai.

Apart from the episode of 1947-1954, the ethos of the periodical was maintained by a few fundamental values. In Hungary, economic rationality and commitment to competition never ceased to exist completely, which is perceptible in the Economic Review restarted in 1954.

Our paper comes out eleven times a year. The increase in scientific level, the assertion of scientific norms characteristic of the developed world and the thematic renewal of the paper are considered to be the greatest achievements of the past few years.

In 1996 we were among the first in Hungary to create a complete electronic version of our periodical, which was further developed in 2002.

Editorial Principles of the Paper

Our organ is primarily an academic periodical. We consider the contribution to the development of science, intellectual independence, the study of reality, confronting contradictory views with each other and social responsibility the main principles of editing. We assert the requirements of scientific asperity (originality of scientific observation, clear argumentation, logical or empirical verification, decency of references, respect of authorial priority) in editing. In our columns we take foreign authors directly into Hungarian intellectual life, and – in cooperation with Acta Oeconomica and Eastern European Economics – we take responsibility of spreading the achievements of Hungarian authors abroad as well. We keep increasing the scientific level of our paper by winning foreign authors and tying numerous young talents to the paper.

Our Strategy

We are prepared to face an ever strengthening competition for readers, the attention of the professional public, but also articles of a high standard. In order to increase our freshness, a better infiltration into scientific workshops is needed. We answer the demands resulting from the development of information technology with the creation of our new website and a special full-text search engine. We are planning to publish the English version of our best articles two times a year, in the extent of 12 sheets approximately.

We try to make our paper saleable without lowering its academic level with inserting “living genres” (interviews, reports on scientific events etc.) into our paper. We would also like to save some pieces from the past of the profession for the future. Thus posterity would hopefully have more knowledge on the intellectual struggles of the past few years than the present economist generation has about economics between the two world wars. Our further aim is to make the most reputable members of the profession write articles about the present state of science in their own field. It could be particularly valuable if such surveys were written on certain branches of alternative schools or on the literature of the Change of Regime.

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továbbfejlesztés: e-Média Informatikai Bt. 2004