Hungary’s 25 Years in the OECD Celebration, 7 May 2021

 

Remarks by Angel Gurría,

Secretary-General, OECD

Transcript of video message
Paris, 7 May 2021

Dear Friends,

Congratulations on the 25th Anniversary of Hungary’s accession to the OECD! It is my pleasure to address you on this historic celebration. My best wishes to Prime Minister Viktor Orban.

Since joining the OECD, Hungary has made impressive progress and has become an important player within the OECD family.

Let me put this into perspective. In 1995, the Hungarian GDP per capita was 46% below the OECD average. Today, GDP per capita is almost 90% higher than in 1995, and the gap with the OECD average has shrunk by half, to 25%. This is a remarkable achievement!

Underpinning this strong performance has been the development of a modern infrastructure system. This includes motorways and other transport infrastructure, but also a fixed broadband network to provide the foundation for the digital revolution.

Over the years, co-operation between the OECD and Hungary has flourished in many crucial policy areas, such as competition, economic development and digitalisation.

For example, in 2005, we established a Regional Centre for Competition in Budapest. This joint venture between the OECD and the Hungarian Competition Authority – GVH – has expanded our work on competition in the Central, East and South-East European region. For over fifteen years, GVH and the OECD have worked together to provide capacity building and policy advice to officials from eighteen competition authorities, fostering good practices and co-operation in the region.

The OECD has also published fifteen Economic Surveys for Hungary, to help with policies to secure more sustainable, inclusive and resilient growth.

Moreover, Hungary has followed the OECD Recommendation of the Council on Artificial Intelligence in its recent introduction of AI Ethical Guidelines for Trustworthy AI.

These are specific examples, but we should not forget everyday co-operation that ensures Hungary is included in all of the OECD’s flagship publications produced every year.

Distinguished guests,

The OECD is proud to continue our fruitful collaboration with Hungary. Importantly, we stand ready to provide advice and support in tackling new challenges, including the COVID-19 crisis, and developing policies to foster more inclusive, people-centred and sustainable recovery and championing multilateralism together.

Thank you.

 

Related Documents

 

Annual report
Discover the
OECD
download
Brochure
Read our
annual report
download