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Author: Publisher: World Bank Publications ISBN: 9780821334416 Category : Business & Economics Languages : en Pages : 196
Book Description
Annotation Addresses the challenge Hungary faces in overcoming threatening deficits in its current and fiscal accounts without hampering economic growth. The Hungarian economy is emerging from a severe four-year recession with positive developments on numerous economic fronts, but with major weaknesses remaining because of large current and fiscal account deficits. This book addresses the challenge Hungary faces in overcoming these deficits without hampering economic growth. The report examines the country's macroeconomic performance in the first half of the 1990s and the stabilization package launched in March 1995. It explores the structure of fiscal revenues, pension reform, and enterprise and banking reforms. The study also looks at the impact of structural reforms on future economic growth and at Hungary's bid to integrate with the European Union.
Author: Publisher: World Bank Publications ISBN: 9780821334416 Category : Business & Economics Languages : en Pages : 196
Book Description
Annotation Addresses the challenge Hungary faces in overcoming threatening deficits in its current and fiscal accounts without hampering economic growth. The Hungarian economy is emerging from a severe four-year recession with positive developments on numerous economic fronts, but with major weaknesses remaining because of large current and fiscal account deficits. This book addresses the challenge Hungary faces in overcoming these deficits without hampering economic growth. The report examines the country's macroeconomic performance in the first half of the 1990s and the stabilization package launched in March 1995. It explores the structure of fiscal revenues, pension reform, and enterprise and banking reforms. The study also looks at the impact of structural reforms on future economic growth and at Hungary's bid to integrate with the European Union.
Author: OECD Publisher: OECD Publishing ISBN: 9264043772 Category : Languages : en Pages : 242
Book Description
EU accession in 2004 has confirmed Hungary’s successful transformation from a centrally planned economy into a functioning market economy operating within the framework of a multi-party democracy. However, the country’s output per capita is still ...
Author: Organisation for Economic Co-operation and Development Publisher: Organisation for Economic Co-Operation and Development ISBN: Category : Business & Economics Languages : en Pages : 380
Book Description
OECD's 2000 review of regulatory reform in Hungary. It finds that after ten years of determined reform, Hungary has constructed the legal and policy frameworks consistent with market democracy, and is nearing completion of an historic economic transition. This challenging process required extensive regulation and institution building, as well as massive deregulation, and has generated significant economic benefits. Today, convergence with the EU and achievement of OECD best practices still represent daunting tasks. But in most areas, Hungary faces challenges much like those of other OECD countries in establishing the quality regulatory regimes needed to support good government and sustainable economic growth. Hungary's main objectives now are to bring market performance into line with its peers through strengthening competition and improving regulatory governance and social protections. Further reforms will bring important gains in creating jobs, improving sectoral and regional performance, and reducing the costs of public policies.
Author: OECD Publisher: OECD Publishing ISBN: 9264025650 Category : Languages : en Pages : 149
Book Description
These proceedings present an overview of approaches for assessing subsidies and associated taxes and look at country experiences in reforming subsidies in agriculture, fisheries, industry and transport.
Author: International Monetary Fund. European Dept. Publisher: International Monetary Fund ISBN: 1484372387 Category : Business & Economics Languages : en Pages : 62
Book Description
This 2018 Article IV Consultation highlights that the headline inflation in Hungary has started to pick up, mainly owing to higher energy prices, while core inflation has been running sideways over the past six months, despite emerging capacity constraints. Unemployment remains on a decreasing trend, and labor shortages are intensifying despite the improvement in participation rates. The 2017 general government fiscal deficit narrowed to 2 percent of GDP, compared with the budgeted 2.4 percent. This outcome was mostly driven by strong GDP growth and reduced interest payments. The IMF staff projects the 2018 overall fiscal deficit at about 2.4 percent of GDP, in line with the budget’s target.
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Author: OECD
Author: Banco Mundial
Author: Organisation for Economic Co-operation and Development
Author: Carlo Cottarelli
Author: C. Cottarelli
Author: Sándor Richter
Author: OECD
Author: International Monetary Fund. European Dept.