Index – National – The late economist Sándor Kopátsy



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Sándor Kopátsy, an economist and doctor of economics, who died at the age of 99, the Hungarian Economic Society said on its website on Sunday. Referring to the announcement, MTI writes that it has been the career of one of Hungary’s best-known economists for more than half a century.

From economic reform programs to controlling privatization of regime change to creating a novel economic approach today.

Sándor Kopátsy was born in 1922 in Kaposvár. He has been involved in all economic reform programs since 1953, and in 1954 he also developed a program for Imre Nagy. During the 1956 revolution, Sándor Kopátsy was president of the Planning Office and the Revolutionary Committee of the Ministries. Later he worked in the National Planning Office, the Ministry of Finance, and later was the founder and first director of the Financial Research Institute.

In the 1960s, he was the author and initiator of the series I’ll Explain the Mechanism. For two years after the regime change, he was a member of the Board of Directors of the State Property Agency, between 1992 and 1998 he was Chairman of the Board of Trustees of the Privatization Research Institute, and then worked as an advisor to György Matolcsy.

He has published almost 30 books, according to his creed, in today’s developed society, the success of an economy no longer lies or rests on invested capital or infrastructure, but on the amount of skilled and talented workforce, reminded Sándor Kopátsy, awarded the company’s Lifetime Achievement Award.

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