IDEAS home Printed from https://ideas.repec.org/a/iem/conjun/y2017p164-168.html
   My bibliography  Save this article

Hungary

Author

Listed:
  • Daniel Bulin

Abstract

2016 marked a slowdown in Hungary's GDP. The economy has been severely affected by the sharp fall in investments, in particular as a result of diminishing European funds. Nevertheless, the labour market continued its favourable course in recent years, and the appropriate economic framework has been accompanied by an increase in the active trade surplus and current account balance. In the 2017-2018 forecast horizon, Hungary's economy will be characterized by robust growth, supported by the recovery of both private consumption and investment, along with a gradual decline in unemployment and a reduction in public debt, even if still far from a sustainable level. Yet, the unfavourable exchange rate of the Hungarian forint against major currencies, as well as the surging budget deficit and diminishing positive trade balance, are among the main challenges facing the Hungarian economy in the short term.

Suggested Citation

  • Daniel Bulin, 2017. "Hungary," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy, pages 164-168.
    • Handle: RePEc:iem:conjun:y:2017:p:164-168
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iem:conjun:y:2017:p:164-168. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ionela Baltatescu (email available below). General contact details of provider: https://edirc.repec.org/data/imacaro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.