Professor Zsuzsanna Vargha and her co-author demonstrated through the case of Hungary how the European convergence narrative, not the securitized market, was central in forming optimistic expectations and thereby led to the Eastern European equivalent of the sub-prime mortgage crisis.

Between 2003 and 2010, the Hungarian mortgage mar

New publication of Prof. Dr. Stefan Schmid and co-authors illustrates the various facets of internationalization in managerial practice