Policy Divergence

January 2006
Emerging Europe Monitor: Central Europe & Baltic States;Jan2006, Vol. 13 Issue 1, p2
Country Report
Country Report
Offers an economic outlook on Hungary in line with the decision of the National Bank of Hungary (NHB) to keep interest rates on hold. Impact of policy differences between political powers and the central bank on the investment climate in the country; Influence of the budget deficit of Hungary on the interest rate decisions of NHB; Overview of the proposed tax reduction program and proposed increases in pension and welfare spending.


Related Articles

  • Real Interest Rates To Remain High.  // Emerging Markets Monitor;2/7/2005, Vol. 10 Issue 41, p14 

    Reports on the economy of Hungary as of February 2005. Factors that contributed to an increase in the interest rates imposed by the National Bank of Hungary; Forecast on the government's budget deficit in 2005; Percentage of the gross domestic product growth projected in 2005.

  • Floods Dampen 2002 Current Account.  // Emerging Europe Monitor: Central Europe;May2003, Vol. 10 Issue 5, p2 

    This article focuses on the economic condition of Hungary as of May 2003. Figures released by the National Bank of Hungary in February 2003 show the current account deficit widening to an estimated 4.34570360f GDP in 2002 from a revised 3.5 12663336n 2001. The majority of the deterioration...

  • Hungary: Problems Remain For Forint.  // Emerging Markets Monitor;4/14/2008, Vol. 14 Issue 2, p15 

    The article presents an outlook for the Hungarian forint (HUF) in 2008. It states that the currency has benefited from an increase in interest rates by the National Bank of Hungary. It is inferred that the currency will be weighed down by an underperforming domestic economy and a weak global...

  • Rates Heading To 9.25%.  // Emerging Europe Monitor: Central Europe & Baltic States;Aug2008, Vol. 15 Issue 8, p3 

    This article provides an outlook for the performance of the Hungarian economy in 2008. Business Monitor International (BMI) revises its monetary policy outlook for the country to the upside, with the National Bank of Hungary (NBH) policy rate expected to rise. BMI believes higher interest rates...

  • Hungarian Interest Rates: How Low Can They Go?  // Emerging Markets Monitor;8/29/2005, Vol. 11 Issue 20, p17 

    Reports on the decision of the National Bank of Hungary to cut interest rates higher than expected as of August 29, 2005. Decline in consumer price inflation; Value of the Hungarian currency before the announcement of the cuts; Expectation on the current account deficit.

  • Assessment and recommendations.  // OECD Economic Surveys: Hungary;May2007, Vol. 2007 Issue 10, p11 

    The article presents an assessment of and recommendations for the economic condition of Hungary. It notes that a permanently low deficit would place the country's public debt on a downward path and return dividends to the economy through lower interest rates. It cites the significant role being...

  • Hungary: NBH Cuts Rates As Fiscal Outlook Darkens.  // Emerging Markets Monitor;9/26/2005, Vol. 11 Issue 24, p17 

    Provides an overview of the economic condition of Hungary, as of September 2005. Decision of the National Bank of Hungary to cut interest rates; Drop in consumer price inflation in August; Threat posed by sustained high oil prices to inflation targets; Tendency of the government to bring...

  • National Bank of Hungary To Hike Again.  // Emerging Europe Monitor: Central Europe & Baltic States;Dec2006, Vol. 13 Issue 12, p2 

    The article reports on the decision of the National Bank of Hungary to raise interest rates on October 24, 2006. Central bank governor Zsigmond Jarai cited falling oil prices and renewed inflows into Hungarian local markets as the factors for the increase. The government plans to reduce budget...

  • NBH HEading For Trouble Again?  // Emerging Europe Financial Alert;3/3/2003, Vol. 1 Issue 38, p1 

    Reports on the impact of measures taken to improve financial and economic conditions of Hungary as of March 3, 2003. Increase in overnight deposit rate by National Bank of Hungary; Percentage increase in international reserves and base money of the country; Comparison of nominal currency value...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics