Is growth possible in all OECD regions? Evidence suggests that it is. This report argues that helping underdeveloped regions to catch up with more developed ones will have a positive impact on a country’s national growth overall, and that such growth helps to build a fairer society, in which no region’s citizens are left behind.
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Education at a Glance 2012: Key facts - Hungary
The objective of senior budget official country reviews is to provide a comprehensive overview of the budget process in the country under examination, to evaluate national experiences in the light of international best practice and to provide specific policy recommendations.
A country strongly dependent on natural gas imports, Hungary has taken several commendable steps to manage risks to its supply. It has enhanced storage capacity and diversified cross-border capacity, and is developing new supply routes. Hungary is also working hard to strengthen the regional electricity market through new interconnectors and market coupling.
Electricity demand within Hungary is expected to grow, while generating capacity is rapidly ageing. Investments are needed for grid improvements and generating capacity, both for increasing capacity (especially for low-carbon electricity) and replacing ageing plants. Ensuring predictable and attractive framework conditions for investing in energy infrastructure is crucial.
The government is considering additional nuclear power units. The extent to which nuclear power capacity will be expanded should be clarified without unnecessary delay, as it will have broad implications for the viability of other current and future base-load technologies.
Although per-capita energy consumption in Hungary is well below the OECD average, considerable potential remains for improving energy efficiency across all sectors. Measures to reduce consumption in the large existing building stock should be the governmentfs top priority for energy policy. Gradually, Hungary should also replace broad subsidies for energy use with direct support to those in need.
These country notes contain over 50 indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.
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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.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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The most important strategic tasks of Hungarian economic policy are to complete the process of European integration, to build up the appropriate institutional and social capacities and to harmonise real and nominal convergence. This article discusses a theoretical framework for modernisation and how it could be adapted to the Hungarian public sector. Several action scenarios are discussed, but any reforms should aim to rethink the