IMF Staff Country Reports

Hungary: Selected Issues

Publication Date:

June 5, 2002

Electronic Access:

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Summary:

The Selected Issues paper examines policy challenges for inflation targeting in Hungary. It highlights that inflation targeting has been met with much initial success. A well-defined policy framework helped guide inflation expectations and provided an initial impetus toward resuming disinflation. The paper also focuses on the impact of aging on the public pension system. It describes the background underlying Hungary’s current pension system, and provides a review of some of the recent work assessing Hungary’s pension system viability.

Series:

Country Report No. 2002/109

Subject:

Aging Expenditure Inflation Inflation targeting Labor Monetary policy Pension spending Pensions Population and demographics Prices