Hungary : Staff Report for the 2004 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 24, 2004

Electronic Access:

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Summary:

This 2004 Article IV Consultation states that Hungary’s entry into the European Union comes on the heels of impressive accomplishments. Its successes were based on the long-lasting effects of significant structural reforms and privatization during the 1990s, which also facilitated Hungary’s outward orientation, foreign direct investment inflows, strong export performance, flexible labor and product markets, and sound banking system. The success was also rooted in undertaking macroeconomic adjustment measures when needed, and in maintaining an adequate level of international competitiveness.

Series:

Country Report No. 04/145

Subject:

English

Publication Date:

May 24, 2004

ISBN/ISSN:

9781451817881/1934-7685

Stock No:

1HUNEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

55

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