Hungary : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

June 29, 2005

Electronic Access:

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Summary:

This Selected Issues paper evaluates Hungary’s growth and current account performance by using a simple empirical model that provides benchmarks to measure GDP growth rates and current account deficits. The cross-country analysis suggests that in general, larger current account deficits are associated with faster income convergence. The model’s benchmark for Hungary suggests that its current account deficit has been larger than would be expected based on the income convergence process. The paper describes the motivation for, and specifics of, the modeling strategy, and the data used in the analysis.

Series:

Country Report No. 05/215

Subject:

English

Publication Date:

June 29, 2005

ISBN/ISSN:

9781451818024/1934-7685

Stock No:

1HUNEA2005003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

59

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