Kína újkori gazdaságtörténetében a „reform és nyitás” vagyis az 1978-tól kezdődő új politikai irányvonal meghirdetése hozta meg azt a fordulópontot, amely a nemzet újbóli felemelkedésének iránti vágyát elérhető távolságba helyezte. A Deng Xiaoping által elindított...

China’s current considerable economic growth is the combined result of several factors. Among these undervaluation of the currency and the sustenance of currency restrictions play an important role. Until now the Asian giant has accumulated approx-imately 2,700 billion U. S. dollars of foreign...

As the financial crisis showed, price stability in itself cannot ensure macroeconomic stability and financial stability issues cannot be separated from monetary policy considerations. This paper presents the changes in the relationship between monetary policy and financial stability in Hungary...

The study investigates how active Hungarian micro- and macroprudential regulation is in an international comparison. Based on national regulatory notifications, our analysis summarises the types of national derogation and the reasons for their application, and presents the forms in which they...