Frequency: Every 18 months
Electronic format: Acrobat PDF
Description
OECD's 1991 Economic Survey of Hungary examines macroeconomic conditions and policies since 1990, the structural system, integration into the world economy and privatisation.
Table of contents:
Introduction I. Setting the stage: economic policies and conditions up to 1990 -Historical background ] -The Hungarian economy at the start of the 1990s -Present challenges II. Macroeconomic conditions and policies since 1990 -Domestic demand and production -Employment and unemployment -Inflation -The balance of payments -Fiscal policy -Monetary policy -The exchange rate -The economic outlook III. Overview of structural reform -The changing role of government -The establishment of a two-tier banking system -Labour market policies and wage setting -The legal framework for the development of a market economy IV. Integration into the world economy -The traditional approach -Progress towards greater integration into the world economy -Policy options -Conclusions V. Privatisation -Equity, efficiency, budgetary soundness and practicality -An overview of the move from state ownership to private ownership -Evaluating the privatisation process -Conclusions VI. Conclusions Bibliography Annexes -I. Industrial production, agricultural production, investment and corporate-sector activity -II. Privatisation: the legal framework and the first SPA-initiated programme -III. The reform of the tax system -IV. Standard of living and income distribution -V. The instruments of monetary policy -VI. Foreign trade