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Cato Podcast

Hubris in Hungary

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 9 October 2006

⏱️ 8 minutes

🧾️ Download transcript

Summary


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Transcript

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0:00.0

Welcome. This is Anastasia Yuglova bringing you the Cato Daily Podcast.

0:04.6

Be sure to log on to our website W.W. dot kato.org for a full archive of our

0:10.0

podcast as well as many other audio offerings.

0:14.1

The countries of Central Europe are in political turmoil.

0:17.4

The Czech Republic remains without a government.

0:20.3

Poland is plagued by corruption and Slovakia fairs no better.

0:23.6

Now Hungarian voters have discovered that they've been lied to for years by

0:27.0

Prime Minister Ferens Jirchani in order to win re-election.

0:30.7

He's now promised Hungarians an austerity package to win back their support.

0:34.0

Is it possible?

0:35.0

Assistant Director of the Project on Global Economic Liberty Marion Tupi

0:39.0

ventures a guess.

0:41.0

Central European politics has gotten very messy these days, hasn't it?

0:45.0

Yes, it has.

0:46.0

If you look where Central Europe was a year ago and where it is today, obviously there

0:50.9

has been a great deal of difference.

0:53.0

A year ago, Central Europe was held to be an example for other countries to follow.

0:59.0

There was a very high economic growth, stable democracies, Central European countries, there is to say

1:04.8

Slovakia, Czech Republic, Poland and Hungary, just joined NATO and the European Union.

1:10.1

In fact, there were held to be examples for Western European countries to follow.

1:15.0

There was a feeling that the economic success in Central Europe should be emulated by Western European Social Democratic States.

1:23.0

Today everything has changed.

...

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