Review of Hungarian EU transfers – at the border of two fiscal periods

Anna Boldizsár (), Zsuzsa Kékesi, Péter Koroknai () and Balázs Sisak ()
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Anna Boldizsár: Magyar Nemzeti Bank
Péter Koroknai: Magyar Nemzeti Bank
Balázs Sisak: Magyar Nemzeti Bank

Financial and Economic Review, 2016, vol. 15, issue 2, 59–87

Abstract: The paper examines the extent to which the sectors and regions of Hungary benefited from the EU grants of the 2007–2013 programming period, the degree to which they managed to absorb the allocation available for them and the amount Hungary can still expect to receive after 2015 in relation to the previous programming period. In addition, the paper also reviews the shaping of payments related to each operational programme. In respect of the new programming period, the authors review the changes in the allocations available to the member states and the funds that can be used for specific purposes, and also present the challenges of the 2016 drawdown plans based on the experiences of the previous period. In addition to the quantitative analysis of the Hungarian figures, the available data are also analysed in a regional comparison thereby making the priorities of the individual countries comparable in terms of development purposes. As a result, the authors establish that in the new programming period – in line with the shrinking size of the EU budget – the cohesion funds for Hungary will slightly decrease; however, the amount is expected to be distributed among the various economic policy objectives more evenly and the structure of the grants may be more favourable in terms of economic growth.

Keywords: European Union; transfers; cohesion policy funds; investments (search for similar items in EconPapers)
JEL-codes: E22 E60 F30 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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