PL EN


2009 | 4(54) | 165-171
Article title

INVESTMENT PROCESSES AND ITS INFLUENCE ON THE FORMING OF EXTERNAL DEBT OF HUNGARY (Investytsiini protsesy ta ikh vplyv na formuvannia zovnishnoho borhu Uhorshchyny)

Title variants
Languages of publication
UK
Abstracts
EN
It is shown that at the beginning of the third stage of modern world economic and financial crisis the economy of Hungary already was in a state of stagnation. The coalition government of socialists and free democrats, that stands at the helm of the country since 2002, did not conduct in good time reforms in relation to limitation of volumes of consumption, increasing of volumes of profits of the state budget. Financing of all increasing necessities, both of the population and charges on development of infrastructure and export of capital took place due to the external borrowings. As a result, to the end of 2008 after a number of economic indicators (growth of GDP, national debt, deficit of budget and others) Hungary found herself on the last place among former post-socialist countries of Central Europe. The analysis of problems of growth of external debt and external investments embraces a period to the beginning of world financial crisis.
Year
Issue
Pages
165-171
Physical description
Document type
ARTICLE
Contributors
  • Liudmyla V. Almashi, Gazdasari es Tarsadalomtudormanyi Kara, Nyiregyhazi Foiskola, Sostoi ut 31/b, 4400 Nyiregyhaza, Hungary
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10UAAAAA080821
YADDA identifier
bwmeta1.element.65fb86b2-3df0-371a-bc0d-4d8c2682e446
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