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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)
Download or read book Fiscal Adjustment in Hungary written by and published by World Bank Publications. This book was released on with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484372387
Total Pages : 62 pages
Book Rating : 4.4/5 (843 download)
Download or read book Hungary written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-08-03 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that the headline inflation in Hungary has started to pick up, mainly owing to higher energy prices, while core inflation has been running sideways over the past six months, despite emerging capacity constraints. Unemployment remains on a decreasing trend, and labor shortages are intensifying despite the improvement in participation rates. The 2017 general government fiscal deficit narrowed to 2 percent of GDP, compared with the budgeted 2.4 percent. This outcome was mostly driven by strong GDP growth and reduced interest payments. The IMF staff projects the 2018 overall fiscal deficit at about 2.4 percent of GDP, in line with the budget’s target.
Author : Hana Polackova Brixi
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)
Download or read book Fiscal Risks and the Quality of Fiscal Adjustment in Hungary written by Hana Polackova Brixi and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hungary's government has made great progress toward revealing the true fiscal cost of its budgetary and off-budget programs, containing the financial risks of its policies, and improving the management of public expenditures and contingent liabilities. Although far from complete, fiscal adjustment in Hungary has been successful not only in cutting the budget deficit but also in reducing less visible aspects of fiscal vulnerability.
Author : Mr.J. D. Craig
Publisher : International Monetary Fund
ISBN 13 : 155775697X
Total Pages : 50 pages
Book Rating : 4.5/5 (577 download)
Download or read book Transparency in Government Operations written by Mr.J. D. Craig and published by International Monetary Fund. This book was released on 1998-02-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.
Author : Mr. Santiago Acosta Ormaechea
Publisher : International Monetary Fund
ISBN 13 : 151357728X
Total Pages : 32 pages
Book Rating : 4.5/5 (135 download)
Download or read book A Guide and Tool for Projecting Public Debt and Fiscal Adjustment Paths with Local- and Foreign-Currency Debt written by Mr. Santiago Acosta Ormaechea and published by International Monetary Fund. This book was released on 2021-05-28 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide presents the analytical underpinnings and a user manual for the Excel-based Public Debt Dynamics Tool (DDT).
Author : Mr.Alejandro D. Guerson
Publisher : International Monetary Fund
ISBN 13 : 1475565631
Total Pages : 30 pages
Book Rating : 4.4/5 (755 download)
Download or read book The Composition of Fiscal Consolidation Matters written by Mr.Alejandro D. Guerson and published by International Monetary Fund. This book was released on 2013-10-04 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates policy alternatives to achieve permanent fiscal consolidation in Hungary, based on a general equilibrium calibration. The main finding is that the composition of the consolidation, as determined by the mix of revenue and expenditure measures, has important implications for growth, employment, investment, and other key macroeconomic variables. A reduction in current expenditures yields the smallest GDP contraction in the short term and can increase output in the long term by stimulating labor participation and private investment. On the other end of the spectrum, a consolidation of government investment and corporate taxes are the most costly, as disincentives for private investment result in protracted declines in GDP that compound over time to GDP losses that are multiple times the initial size of the consolidation.
Author : István Benczes
Publisher : Central European University Press
ISBN 13 : 6155211329
Total Pages : 270 pages
Book Rating : 4.1/5 (552 download)
Download or read book Trimming the Sails written by István Benczes and published by Central European University Press. This book was released on 2008-01-10 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a clear, multidisciplinary and systematic analysis of the relatively new concept of the so-called expansionary fiscal consolidations. This concept suggests that fiscal adjustment should not be in trade-off with economic growth if certain conditions are met. But why do only a few countries and only at certain times experience the expansionary effects, while others not at all? The necessary institutional conditions and circumstances have been totally neglected in the literature, or analyzed only partially at best.
Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 63 pages
Book Rating : 4.4/5 (2 download)
Download or read book Hungary written by International Monetary and published by International Monetary Fund. This book was released on 2023-02-03 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the economy was recovering from the COVID-crisis, a succession of shocks and loose fiscal policy intensified inflation and fueled a large external deficit. Appropriately, the central bank significantly tightened monetary policy and the government plans a large fiscal adjustment. However, regulatory measures undermine the tighter fiscal and monetary policy mix. Growth is expected to slow sharply with still-elevated inflation and sizable risks can worsen the outlook.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451818114
Total Pages : 79 pages
Book Rating : 4.4/5 (518 download)
Download or read book Hungary written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-11-17 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This staff report for the Request for Stand-By Arrangement of Hungary examines financing conditions and economic challenges. Hungary was among the first emerging market countries to suffer from the fallout of the current global financial crisis. Compared with other emerging markets, Hungary’s higher stock vulnerabilities imply that a large amount of debt needs to be serviced and rolled over. Added risks include the large share of foreign currency lending by both domestic banks and subsidiaries of foreign parents.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264127275
Total Pages : 154 pages
Book Rating : 4.2/5 (641 download)
Download or read book OECD Economic Surveys: Hungary 2012 written by OECD and published by OECD Publishing. This book was released on 2012-03-13 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2012 Economic Survey of Hungary reviews economic developments, prospects and policies and provides a series of policy recommendations. It also includes a special chapter on the labour market.
Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484300459
Total Pages : 60 pages
Book Rating : 4.4/5 (843 download)
Download or read book Hungary written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-05-12 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hungary has succeeded in achieving several years of high economic growth as well as reduction of debt and other vulnerabilities. However, external and public debt remain high. Growth decelerated in 2016 partly due to slower absorption of EU funds and related investment. The output gap is closing, unemployment has declined to about 41⁄2 percent––partly reflecting a still appreciable public employment scheme, and reflation is gaining traction.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264011870
Total Pages : 133 pages
Book Rating : 4.2/5 (64 download)
Download or read book OECD Economic Surveys: Hungary 2005 written by OECD and published by OECD Publishing. This book was released on 2005-07-19 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2005 edition of OECD's periodic review of Hungary's economy examines what Hungary must do to maintain its fast pace of growth and to smooth its entry into the euro area. It also looks at policies to improve the health care system and to raise ...
Author : László Halpern
Publisher : Cambridge University Press
ISBN 13 : 9780521630689
Total Pages : 418 pages
Book Rating : 4.6/5 (36 download)
Download or read book Hungary: Towards a Market Economy written by László Halpern and published by Cambridge University Press. This book was released on 1998-09-17 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive assessment of the Hungarian economy, first published in 1998.
Author : George Kopits
Publisher : OUP Oxford
ISBN 13 : 0191665428
Total Pages : 300 pages
Book Rating : 4.1/5 (916 download)
Download or read book Restoring Public Debt Sustainability written by George Kopits and published by OUP Oxford. This book was released on 2013-10-17 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Restoring Public Debt Sustainability: The Role of Independent Fiscal Institutions represents the first comprehensive survey of a new generation of independent fiscal institutions, established to promote transparency in public finances through real-time monitoring of the soundness of budgetary policymaking. The chapters, authored by heads of the institutions, as well as distinguished policy analysts and academics, explore the rationale and experience of these fiscal watchdogs. Consequently, useful lessons and implications are drawn for the design and practical operation of such institutions. The timeliness of the volume is underscored by the potential role of fiscal watchdogs in containing the public debt crisis that has engulfed a number of countries. Indeed, the recent proliferation of these institutions has been in response to the need for enhancing policy credibility of highly indebted governments in financial markets and, more generally, for strengthening the quality of economic governance. The first part of the book deals with key analytical and institutional issues: the political environment, the scope and limits of these institutions, the delegation of monetary policymaking to an independent body, and the implications of rising public indebtedness. The second part contains case studies of institutions that, for the most part, were born as a result of domestic political developments. The third part presents the experience of institutions whose origins can be traced directly or indirectly to an earlier or a recent financial crisis. The chapters are written from a multidisciplinary - economic, financial, political, legal - perspective, intended for academics, researchers, and practitioners alike.
Author :
Publisher : World Bank Publications
ISBN 13 : 9780821334416
Total Pages : 196 pages
Book Rating : 4.3/5 (344 download)
Download or read book Hungary written by and published by World Bank Publications. This book was released on 1995-01-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Addresses the challenge Hungary faces in overcoming threatening deficits in its current and fiscal accounts without hampering economic growth. The Hungarian economy is emerging from a severe four-year recession with positive developments on numerous economic fronts, but with major weaknesses remaining because of large current and fiscal account deficits. This book addresses the challenge Hungary faces in overcoming these deficits without hampering economic growth. The report examines the country's macroeconomic performance in the first half of the 1990s and the stabilization package launched in March 1995. It explores the structure of fiscal revenues, pension reform, and enterprise and banking reforms. The study also looks at the impact of structural reforms on future economic growth and at Hungary's bid to integrate with the European Union.
Author : Mr.George Kopits
Publisher : International Monetary Fund
ISBN 13 : 9781557757043
Total Pages : 58 pages
Book Rating : 4.7/5 (57 download)
Download or read book Fiscal Policy Rules written by Mr.George Kopits and published by International Monetary Fund. This book was released on 1998-07-22 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute to long-run sustainability and welfare without sacrificing short-run stabilization? If so, what characteristics of fiscal rules make this contribution most effective? And in what circumstances and contexts, if any should the IMF encourage its member countries to adopt fiscal rules? This paper seeks to identify sensible fiscal policy rules that can succeed, if chosen by a member country, as an alternative to descretionary fiscal rules.
Author : IBP USA
Publisher : Lulu.com
ISBN 13 : 1438722419
Total Pages : 302 pages
Book Rating : 4.4/5 (387 download)
Download or read book Hungary Investment and Business Guide Volume 1 Strategic and Practical Information written by IBP USA and published by Lulu.com. This book was released on with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
