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Hungary: Selected Issues

International Monetary Fund

No 1997/103, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Hungary describes the main factors behind the evolution of output in Hungary since 1990, and examines Hungary’s future growth prospects with specific focus on the role that structural and macroeconomic policies can play in enhancing those prospects. In this paper, the shortfall in growth relative to the other advanced transition economies is attributed to relatively slow progress with macroeconomic stabilization, stalled structural reform between 1993 and mid-1995, and specific features in the design of Hungary’s reform program. The paper also analyzes debt dynamics in Hungary.

Keywords: ISCR; CR; Hungary; debt; deficit; trading; exchange arrangement; open-ended investment funds; foreign exchange law; growth performance; debt stock; Health care; Health care spending; Tariffs; Eastern Europe; Global; Western Europe (search for similar items in EconPapers)
Pages: 120
Date: 1997-11-11
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1997/103

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