Economic developments in Hungary during 1995-97 illustrate one of the most remarkable cases of macroeconomic adjustment in Europe over the last decade. Several momentous steps in the integration of the Hungarian economy with the rest of Europe and the industrial countries community took place....

Following a prolonged period of economic decline and stagnation, Hungary's GDP growth accelerated to 3.7% in 2014 and was close to 3% in 2015. The reasons for the country's economic performance over the last six years are only partly related to the economic policies pursued since 2010....