Hungarian Double Dip (2011–2012)

Julia Király ()

Chapter Chapter 10 in Hungary and Other Emerging EU Countries in the Financial Storm, 2020, pp 105-121 from Springer

Abstract: Abstract The effect of the Eurozone crisis was much less forceful in CEE countries than in 2008–2009. Hungary was an outlier, the country experienced a significant increase in risk spreads, downgrading, and a second recession in 2012. Besides global and regional factors, this phenomenon is accounted for largely by local factors, such as the mismanagement of FX denominated loans, permanent state intervention into the everyday business, and government-managed corruption.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-030-49544-2_10

Ordering information: This item can be ordered from
http://www.springer.com/9783030495442

DOI: 10.1007/978-3-030-49544-2_10

Access Statistics for this chapter

More chapters in Financial and Monetary Policy Studies from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().