Hungary: Selected Issues
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Summary:
This Selected Issues paper examines the external sector issues in Hungary. It looks at some traditional indicators of external competitiveness, and provides basic background on key macroeconomic developments, including the current account and its financing. The paper examines various measures of the real effective exchange rate, the labor market considerations, and actual export performance. The paper concludes that although external competitiveness of the Hungarian economy has not been permanently impaired and the country is doing well from various vantage points, a significant dent has been put in competitiveness.
Series:
Country Report No. 2003/125
Subject:
Balance of payments Current account Current account balance Current account deficits Expenditure Fiscal consolidation Fiscal policy
English
Publication Date:
May 9, 2003
ISBN/ISSN:
9781451817928/1934-7685
Stock No:
1HUNEA0022003
Pages:
67
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