Realizing Eastern Opening in Domestic Tertiary Education: The role, the strategy, and visions of OBIO

Popović, Slobodan and Bándy, Katalin and Kovács-Gergely, Marianna (2025) Realizing Eastern Opening in Domestic Tertiary Education: The role, the strategy, and visions of OBIO. Central European political science review, 26 (100). ISSN 1586-4197 977158649005

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Abstract

The Hungarian “Eastern Opening policy” is a multifaceted strategy aimed at leveraging opportunities in the East to diversify the country's economic partnerships, promote innovation and technology cooperation, strengthen diplomatic and cultural ties, and enhance regional connectivity for mutual benefit and sustainable development. The 2008–2009 economic crisis in Europe brought new challenges and fresh diplomatic views of communication when mirroring the so called “Johari window” on a global level. Hungary understood the importance of a need to diversify its trade and investment portfolio and remodel its perception on the structure of international relations and society. Evolving international economic environment and production chains, accelerated the decision of the Hungarian Government towards international diversification and opening new prospects for knowledge-sharing with Asia. To realize the goals of the “Eastern Opening”, the Oriental Business and Innovation Office (OBIO) was established in 2016 because of pragmatic and far-sighted initiative and cooperation between the Central Bank of Hungary and the Budapest Business University. The paper was selected to create the case study of the activities and achievements of OBIO as the educational part in different spectra of activities of the Hungarian Government intensifying its cooperation with Asia.

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