Hungary: Selected Issues

International Monetary Fund

No 2002/109, IMF Staff Country Reports from International Monetary Fund

Abstract: The Selected Issues paper examines policy challenges for inflation targeting in Hungary. It highlights that inflation targeting has been met with much initial success. A well-defined policy framework helped guide inflation expectations and provided an initial impetus toward resuming disinflation. The paper also focuses on the impact of aging on the public pension system. It describes the background underlying Hungary’s current pension system, and provides a review of some of the recent work assessing Hungary’s pension system viability.

Keywords: ISCR; CR; exchange rate; monetary policy; net; net export; PAYG system; net error; net interest; net wage; retirement age; Pension spending; Pensions; Aging; Inflation targeting; Inflation (search for similar items in EconPapers)
Pages: 72
Date: 2002-06-05
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