In our article we have analysed the problem, how can the small enterprises (SME-s) survive in the shadow of the transnational companies (TNCs). Besides analysing the historical process of globalization, and its latest form, the 'neo-globalization', we were mainly focusing on wage levels. Local...

One of the most severe problems affecting the economy in Hungary according to domestic entrepreneurial organisations [National Association of Entrepreneurs and Employers (VOSZ), Hungarian Chamber of Commerce and Industry (MKI), Hungarian Association of Craftsmen’s Corporations (IPOSZ)] are the...