Mexico and Hungary : Political, Diplomatic, Economic, and Cultural Relations

Abstract

Hungary and Mexico have mutually beneficial political, economic, and cultural ties. The bilateral relations enriched both countries during the last two centuries of shared history. We apply case study and quantitative analyses to explore the evolving relations between the two countries. Political and diplomatic relations intensified in the last decades and global trade and capital flows brought benefits for both countries. We found that the mutually beneficial, win-win cooperation of the two countries underpin the complex interdependence theory of international relations. Our findings also corroborate the validity of the relative and absolute gains theory for the Mexican-Hungarian relations.