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Hungary: Selected Issues

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  • International Monetary Fund

Abstract

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.

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  • International Monetary Fund, 2006. "Hungary: Selected Issues," IMF Staff Country Reports 2006/367, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/367
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    References listed on IDEAS

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    1. Julián Messina, 2005. "Institutions and Service Employment: A Panel Study for OECD Countries," LABOUR, CEIS, vol. 19(2), pages 343-372, June.
    2. Pierre, Gaelle & Scarpetta, Stefano, 2006. "Employment protection: Do firms' perceptions match with legislation?," Economics Letters, Elsevier, vol. 90(3), pages 328-334, March.
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    Cited by:

    1. International Monetary Fund, 2007. "Republic of Lithuania: Selected Issues," IMF Staff Country Reports 2007/137, International Monetary Fund.

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