Hungary—Tapping Resilient Household Savers

Anna Kerekes

Chapter 5 in Financial Systems in Transition:A Flow of Analysis Study of Financial Evolution in Eastern Europe and Central Asia, 2000, pp 69-103 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Period of dichotomy: growth versus equilibriumPeriod of Sustainable GrowthConclusionsAnnex 1: The Simple Flow of Funds Model Used in the ProjectionFinancial constraintsMoney Demand FunctionInterest Rates and Exchange Rate DeterminationBudget Deficit Stabilizing Total Government DebtCurrent Account Balance Stabilizing Net Foreign DebtAnnex 2: Financial Accounts of the Institutional Sector and the Flow of Funds Matrix of HungaryData SourcesInstitutional SectorsFinancial InstrumentsThe Method of Compiling the Financial AccountsForecasting Financial AccountsFlow of Funds MatrixReferences

Date: 2000
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