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With the rise of globalization and Europeanization Hungarian ethno-linguistic minorities in the Carpathian Region have become ‘mobile’ in the broadest sense of the concept. This has allowed them to become independent actors in all sorts of transnational configurations. In Marácz (2014a), one of these transnational configurations has been characterized as a ‘quadratic nexus’ with at least four different actors, one of them being the ethno-linguistic minority. In this paper, I will argue that an analysis of inter-ethnic relations in terms of local dynamics, like the one elaborated in Brubaker et al. (2006) for the Romanian-Hungarian relations in the multi-ethnic, multilingual region of Romania’s Transylvania is no longer adequate against the backdrop of globalization and Europeanization. Instead ethno-linguistic minorities interact with all sorts of political, cultural, communicative, and socio-economic global and transnational networks that affect the local relations, i.e., both everyday ethnicity and the power relations.
Keywords: ethno-linguistic relations, ethnic Hungarians in Transylvania, transnational configurations, quadratic nexus, minority, and language rights

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This study briefly summarizes the major economic, sociological and anthropological theories on the relationship between ethnicity and economics, and examines how they can be applied to the economic situation of multi-ethnic Transylvania, and specifically the minority Hungarians, in its investigation. Following an institutionalist logic and a resource-based approach, two general questions are formulated, along separate paradigmatic trends: 1. How able is Romanian democracy and the development of its economic institutional system to exploit assets stemming from ethnic diversity? 2. What kind of cultural, structural and network resources do minority Hungarians possess, and to what extent and how do they succeed in utilizing them in the economy?
Keywords: ethnic diversity, economic development, ethnic Hungarians in Transylvania

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