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.
Table of contents:
Basic statistics of Hungary, 2010 Executive summary Assessment and recommendations -Hungary's economy is facing renewed market stress -Short-term policies to restore confidence and head off the risk of a prolonged downturn -Medium-term structural policies to foster potential output growth -Bibliography -Annex A1. Progress in main structural reforms Chapter 1. Ensuring debt sustainability amid strong economic uncertainty -A relatively favourable fiscal position despite the economic crisis -Long-term fiscal sustainability remains highly sensitive to economic shocks -Achieving more progress towards fiscal sustainability -Bibliography -Annex 1.A1. A stochastic approach to Hungarian debt sustainability Chapter 2. Ensuring financial stability and efficiency -The banking sector remains fragile with a reisk of credit rationing -Restoring financial intermediation requires a careful mix of measures -Sustainable financing of the economy requires lowering intermediation costs -Financial regulation and supervision has to take into account systemic risks -Bibliography -Annex 2.A1. Determinents of net interest margins in Hungary and its OECD peer group in Central and Eastern Europe Chapter 3. Towards a more inclusive labour market -The crisis and its aftermath have taken a heavy rtoll on the labour market -Raising participation rates -Improving the integration of under-represented groups in the labour market -Bibliography Chapter 4. Improving health outcomes and system -Health outcomes are generally poor -The health system has been ineffective at improving the health status -Reforms of the health care system -Bibliography -Annex 4.A1. Health care system organisation Glossary
