Hungary’s Populist Paradox
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Viktor Orban, Hungary's prime minister for 16 years, lost the recent elections due to corruption and a struggling economy. His defeat marks a loss for other right-wing populists who followed his model of prioritizing politics over the economy.
Viktor Orban, Hungary's prime minister, lost the recent elections. Corruption and a weak economy were key factors. Hungary's economy has struggled under Orban, with low growth and high unemployment. The country is now one of the poorest in the EU. Orban's model of 'illiberal democracy' prioritized political control over economic efficiency. This led to corruption and cronyism, hurting the economy. Orban's defeat is a blow to other populist leaders who followed his model.
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