Hungary: Selected Issues

October 25, 2006

Preview Citation

Format: Chicago

Hungary: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 29, 2024

Summary

The two legs that have held up the forint in recent years—a strong “EU accession effect” and positive sentiment toward emerging markets—may no longer be strong enough to offset Hungary’s weak fundamentals. Fiscal consolidation efforts should be supported by stronger budget controls and greater transparency and accountability. This paper is an effort to shed light on Hungary’s employment dynamics, placed in the European Union (EU) context. Hungary’s employment generation has been relatively strong, partly owing to the country’s favorable initial employment distribution across sectors.

Subject: Currencies, Employment, Expenditure, Fiscal consolidation, Fiscal policy, Labor, Money, Public debt

Keywords: Appreciation vis-à-vis, CR, Currencies, Currency movement, Eastern Europe, Employment, Employment generation, Euro component, Europe, Fiscal consolidation, Global, Hungarian forint, Hungary, ISCR, U.S. dollar

Publication Details

Pages:

78
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/367
Stock No:

1HUNEA2006001
ISBN:

9781451818048
ISSN:

1934-7685

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