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This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122
inflation; there are also strong feedback effects from the banking system to the real economy. This suggests that the high NPLs … policy options to achieve permanent fiscal consolidation in Hungary. A fiscal consolidation based on a reduction in …
Persistent link: https://www.econbiz.de/10011244505
Persistent link: https://www.econbiz.de/10011245668
KEY ISSUES Context. The economy is recovering steadily helped by supportive macroeconomic policies and improved market sentiment. There has been a welcome decline in vulnerabilities but debt levels remain elevated, leaving the economy prone to shocks, and medium-term growth prospects appear...
Persistent link: https://www.econbiz.de/10011245728
Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in a process of deepening economic …
Persistent link: https://www.econbiz.de/10011242281
This paper evaluates policy alternatives to achieve permanent fiscal consolidation in Hungary, based on a general …
Persistent link: https://www.econbiz.de/10011242360
output gap remains sizable, inflation expectations are not well anchored, and after seven consecutive policy rate cuts a …
Persistent link: https://www.econbiz.de/10011243409
linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly …
Persistent link: https://www.econbiz.de/10011243491
This 2014 Article IV Consultation highlights that Hungary’s economy has emerged from the 2012 recession and posted 1.1 percent growth in 2013, mainly driven by government investment and consumption, and also net exports. Private demand—although strengthening on the back of...
Persistent link: https://www.econbiz.de/10011243494
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...
Persistent link: https://www.econbiz.de/10011243539