Non-performing loans (NPLs) were found to respond to macroeconomic conditions, such as GDP growth, unemployment, and … policy options to achieve permanent fiscal consolidation in Hungary. A fiscal consolidation based on a reduction in …

shocks, and medium-term growth prospects appear subdued. The government took steps to address these challenges, but the … should aim at further reducing vulnerabilities and comprehensively tackling impediments to strong, private sector-led growth …. ? Fiscal policy. Adopt a growth-friendly fiscal consolidation strategy to rebuild room for policy maneuver and sustainably …

been made to improve labor participation, but potential growth remains far too low for a country that should converge … faster to EU-average incomes. The IMF report suggests that maintaining market confidence and reviving growth are the most …

linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly …. Participation in the GCESC has led to technology transfers to CE4 countries and accelerated income convergence. Export growth in …

.1 percent growth in 2013, mainly driven by government investment and consumption, and also net exports. Private demandâ … retail and corporate sectors continued to contract, albeit at a slowing pace. Hungary’s medium-term growth prospects remain …

This Selected Issues paper assesses recent trends in Hungary’s potential growth and medium-term growth prospects. It … analyzes to what extent the recent moderation of GDP growth reflects structural factors. The paper lays out some stylized facts … about the Hungarian economy that could explain the growth slowdown observed in recent years. It provides estimates of …

This Selected Issues paper evaluates Hungary’s growth and current account performance by using a simple empirical model … that provides benchmarks to measure GDP growth rates and current account deficits. The cross-country analysis suggests that … Hungary suggests that its current account deficit has been larger than would be expected based on the income convergence …

This 2005 Article IV Consultation highlights that Hungary’s economy achieved valuable gains in 2004 with GDP growth … recovering to 4 percent. The growth was supported by strong investment and robust export growth. Consumption slowed in response … to rising unemployment, a moderation in wage growth and a tightening of the housing subsidy scheme. Despite these …

This report presents update on the Observance of Standards and Codes—Data and Fiscal Transparency Modules for Hungary …. Hungary continues to observe the Special Data Dissemination Standards’ specifications for the coverage, periodicity, and …