Hungarian fiscal policy: 'quo vadis'?

• Authors: Orban G. , Szapary Gy.
• Languages of publication: HU

Abstracts

EN

The study reviews the causes and macroeconomic effects of the persistently high budget deficit in Hungary in recent years and then outlines the possible directions of a solution. A concise theoretical account is followed by analysis of the process of loosening fiscal policy and its effect on external equilibrium and the country's risk rating. Attention is drawn to the dangers that a chronic budget deficit poses to long-term balanced growth. Finally, without aiming at completeness, the authors draw some conclusions for economic policy.

Keywords

EN

BUDGET DEFICIT; FISCAL POLICY (HUNGARY)

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2006
• Volume: 53
• Issue: 4
• Pages: 293-309
• Document type: ARTICLE

Contributors

author

Orban G.

author

Szapary Gy.

• G. Orban, no address given, contact the journal editor

Identifiers

CEJSH db identifier

07HUAAAA02986115