"When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be."
Lord Kelvin

Competitive Intensity, Overpricing, Corruption Risks and Crony Capitalism in Hungary 2009-2015


September 16th 2016

Istvan Janos Toth presented the CRCB’s new research results in William Gates Building of Computer Laboratory at the conference  ”Frontiers of Data Science for Government: Ideas, Practices, and Projections. Data for Policy -2016” organised by University of Cambridge.

The presentation dealt with corruption risk detection, measuring of competitive intensity and the new way to analyse overpricing suggested by the CRCB’s researchers. Based on statistical analysis of 127,000 Hungarian public procurement and 1,700,000 European ones, the presentation pointed out the perverse effect of EU funding to the Hungarian economy (shrinking compatitive intensity, raising corruption risks, overpricing and helping to build a crony capitalist system in Hungary).

The presentation (pdf)