Oecd Economic Surveys Hungary Volume 2004 Issue 2: Hungary, 2003-2004 (Oecd Economic Surveys)

Annotation The OECDs survey of the Hungarian economy considers a range of issues including: macroeconomic developments and key economic challenges; structural policies to foster growth; product market competition and economic performance; and sustainable development. Overall findings include that, for Hungary to maintain strong growth, macroeconomic policy must aim for sound and sustainable public finances, low inflation and a competitive export sector (driven by foreign direct investment or FDI). The economy will only be able to reap the full benefits of EU accession and EMU entry if it establishes a sound macroeconomic framework, boosts labour force participation and sustains high productivity growth. Read more... In Its 2004 Review Of Hungary’s Economy, Oecd Finds That Hungary Has Achieved Rapid Growth And Is Catching Up With Other European Economies, But That These Achievements In Themselves Are Presenting New Challenges.