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After the Crisis?

Author

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  • Inotai, András

Abstract

The economic crisis is not over yet, but it is already apparent that the developing, emerging countries are the big winners. The Hungarian economy is an open economy, and the issue of openness must be handled by securing new markets. However, it should be noted that 70 percent of Hungarian exports are destined for the European Union. Much greater emphasis should be placed on cooperation with MNCs, and it is also important to determine how to increase added value and how to eliminate the duality of the Hungarian economy. EU funds should be used to develop exports, join multinational networks, offset imports and improve com-petitiveness.

Suggested Citation

  • Inotai, András, 2011. "After the Crisis?," Public Finance Quarterly, Corvinus University of Budapest, vol. 56(3), pages 360-378.
    • Handle: RePEc:pfq:journl:v:56:y:2011:i:3:p:360-378
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    File URL: https://unipub.lib.uni-corvinus.hu/9020/
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    Cited by:

    1. Mező, Júlia & Udvari, Beáta, 2012. "Effects of the debt crisis on the EU-China relations," MPRA Paper 40367, University Library of Munich, Germany.

    More about this item

    Keywords

    economic crisis; competitiveness; export development;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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