Economic Survey of Hungary 2012

Controversial domestic policies have contributed to uncertainty thereby hurting confidence. Making the economy and financial system more robust to shocks and promoting a business-friendly environment will put growth on a sounder footing.

Assessing the sensitivity of Hungarian debt sustainability to macroeconomic shocks under two fiscal policy reactions

Hungarian debt level has steadily increased since 2001, with the debt-to-GDP ratio reaching about 84% at end-2011.

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Work incentives and recent reforms of the tax and benefit system in Hungary

Reducing the extent of inactivity and promoting labour supply is essential to foster labour market outcomes in Hungary in the medium term.

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Hungary must stabilise its economy for a durable recovery, OECD says

Swift action is needed to stabilise the Hungarian economy and put growth on a sound footing for a durable recovery, according to the latest Economic Survey of Hungary. Strengthening the credibility and predictability of domestic policies and undertaking much-needed fiscal consolidation will be key.

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• Az OECD szerint a magyar gazdaság stabilizálása a tartós gazdasági fellendülés elengedhetetlen feltétele
• Az OECD szerint a magyar gazdaság stabilizálása a tartós gazdasági fellendülés elengedhetetlen feltétele

Az OECD szerint a magyar gazdaság stabilizálása a tartós gazdasági fellendülés elengedhetetlen feltétele

Az OECD legutóbbi Magyarország országtanulmánya szerint gyors cselekvés szükséges a magyar gazdaság stabilizálásához és egy tartós gazdasági fellendülés alapjainak megteremtéséhez.

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• Hungary must stabilise its economy for a durable recovery, OECD says
• La Hongrie doit stabiliser son économie pour assurer une reprise durable

Non-Keynesian effects of fiscal consolidation: an analysis with an estimated DSGE model for the Hungarian economy

Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary.

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