Renowned Hungarian Economist Dies at the Age of 98

One of the most significant and well-known members of the Hungarian community of economists, Sándor Kopátsy, passed away at the age of 98 this Sunday.

Kopátsy, the author of several volumes, studies and dissertations, 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 Prime Minister Imre Nagy. During the 1956 anti-Stalinist uprising, he was chairman of the Planning Office and the Revolutionary Committee of the Ministries. He later worked at the National Planning Office, the Ministry of Finance, and was then the founder and first director of the Financial Research Institute.

For two years after the change of Hungary's political system in 1990, he was a member of the Board of Directors of the State Property Agency, while between 1992 and 1998, he was the Chairman of the Board of Trustees of the Privatization Research Institute.

As a farewell report by the National Bank of Hungary notes, Sándor Kopátsy has dedicated his whole life to the Hungarian economist profession and his professional career spanning decades can serve as a model for everyone.