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Economy


  • 6-March-2024

    English

    Boosting competition, strengthening public finances and reforms to education will help to put Hungary on a stronger growth path

    Hungary’s economy recovered strongly from the COVID-19 pandemic before dipping into a mild recession as high inflation eroded households’ purchasing power and high interest rates and low confidence dampened investment, according to the latest OECD Economic Survey of Hungary released today.

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  • 30-July-2021

    English

    Hungary: reforms to raise productivity would strengthen recovery from COVID-19, says OECD

    Hungary’s economy is emerging from the crisis caused by COVID-19, yet sustaining the country’s robust pre-pandemic levels of growth will require reforms to foster productivity and job creation, according to a new OECD report.

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  • 17-November-2020

    English

    The impact of COVID-19 on SME financing - A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard

    The COVID-19 crisis has had a profound impact on SME access to finance. In particular, the sudden drop in revenues created acute liquidity shortages, threatening the survival of many viable businesses. The report documents an increase in demand for bank lending in the first half of 2020, and a steady supply of credit thanks to government interventions. On the other hand, other sources of finance declined, in particular early-stage equity. This paper, a special edition of Financing SMEs and Entrepreneurs, focuses on the impacts of COVID-19 on SME access to finance, along with government policy responses. It reveals that the pre-crisis financing environment was broadly favourable for SMEs and entrepreneurs, who benefited from low interest rates, loose credit standards and an increasingly diverse offer of financing instruments. It documents the unprecedented scope and scale of the policy responses undertaken by governments world-wide, and details their key characteristics, and outlines the principal issues and policy challenges for the next phases of the pandemic, such as the over-indebtedness of SMEs and the need to continue to foster a diverse range of financing instruments for SMEs.

  • 10-June-2014

    English

    Enhancing competition and the business environment in Hungary

    Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels.

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  • 10-June-2014

    English

    Tackling labour mismatches and promoting mobility in Hungary

    Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains.

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  • 26-April-2013

    English

    OECD Central Government Debt Statistics 2012

    Governments are major issuers of debt instruments in the global financial market. This volume provides quantitative information on central government debt instruments for the 34 OECD member countries to meet the analytical requirements of users such as policy makers, debt management experts and market analysts.  Statistics are presented according to a comprehensive standard framework to allow cross-country comparison.  Country methodological notes provide information on debt issuance in each country as well as on the institutional and regulatory framework governing debt management policy and selling techniques.