Apparent characteristics of the Hungarian banking market such as large profits and high margins suggest weak competitive pressures. Weak competition in turn, may reduce efficiency in a lack of pressures to converge to marginal cost and to stimulate managerial efforts to reduce X-inefficiency.
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'PISA in Focus' N°3 looks at 15-year-olds' participation in after-school classes and examines its possible impact on their performance.
Hungary has faced a considerable challenge to regain credibility following persistent and high fiscal deficits. Efforts during recent years have produced substantial results. These and other points are discussed in this working paper.
The global crisis exposed weaknesses in the Hungarian financial system that pose risks to financial stability, as discussed in this working paper.
English, , 124kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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Statement by Mr József Gráf, Minister of Agriculture and Rural Development, Hungary, OECD Agriculture Ministerial Meeting 2010
This seminar looked at the experience of former communist countries and their achievements 20 years after the fall of the Berlin Wall.
At an event to mark the 20th anniversary of the fall of the Berlin Wall, Mr. Gurría talked about the progress made by Central and Eastern European countries since then and the challenges ahead.
Economic forecasts for GDP, unemployment, inflation and fiscal balance
Hungarian, , 1,119kb