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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.
Az OECD legutóbbi Magyarország országtanulmánya szerint gyors cselekvés szükséges a magyar gazdaság stabilizálásához és egy tartós gazdasági fellendülés alapjainak megteremtéséhez.
Composite Leading Indicators (CLIs) continue pointing to a positive change in momentum in the OECD as a whole..
This slight easing in the annual rate of inflation mainly reflected the slower growth in energy prices, which increased by 7.4% in the year to January, down from 8.1% in the year to December.
The pace of reform has accelerated in those OECD countries where it is needed most, says the latest Going for Growth report. It identifies the specific action needed to help governments steer their economies out of the crisis, stimulate growth and create jobs.
Las reformas estructurales pueden hacer la diferencia en la búsqueda de los países por superar la crisis, impulsar el crecimiento y crear empleos, de acuerdo con el más reciente estudio de la OCDE: Apuesta por el crecimiento (Going for Growth).
Provisional estimates show that quarterly gross domestic product (GDP) growth in the OECD area decelerated sharply to 0.1% in the fourth quarter of 2011, against 0.6% in the third quarter.
This year’s report, which launches on the eve of the G20 finance ministers’ meeting in Mexico City, identifies and assesses progress countries have made on key reforms that can help their economies rebound from the global economic crisis, boost long-term growth and create jobs.
Germany recovered rapidly from the 2008-09 recession, with GDP topping pre-crisis rates during 2011 and unemployment falling significantly. Public finances are sound, but further reforms are needed to transform its growth model to thrive as a knowledge-based economy.
Composite leading indicators (CLIs) point to a positive change in momentum for the OECD as a whole, driven primarily by the United States and Japan, but similar signs are beginning to emerge in a number of other developed economies.