Economy

Something happened. Or not?

in Economic growth, Exports, Investment , Economy, Publications, Free publications

The forint strengthened considerably after the news that the obstacles to the IMF negotiations might be eliminated soon. GKI forecasts that the implementation of the Szell Kalman Plan 2.0 may be sufficient to terminate the excessive deficit procedure next year.

Way out of the dead end

in Economic growth, Economic policy, Economy, Free publications

Hungary is facing a financial and solvency crisis for the third time in the past six years. The exchange rate of the forint is weakening, interest rates are rising, and government securities can hardly be sold or can be done so at horribly high yields. The causes of the three cases are different.

 

Irresponsibility of the responsible government

in Government debt, Mortgage loan, Economy

One of the major problems of the Hungarian economy is the indebtedness of Hungarian households, especially those having FX loans. The strong CHF is the main factor behind the problems, increasing installments dramatically.

Who is better? The Hungarians?

in Analysis, Economy, Free publications

“The EU doesn't assist member countries in overcoming the economic slump because it punishes those who behave well and rewards those who perform poorly,” said the Hungarian prime minister at a last week’s event, adding that “with this kind of mentality one couldn't even run a village five and ten cent store.” By this he referred to the unfairness of threatening Hungary by withdrawing part of the cohesion funds as of 2013.

Corruption in public procurement and in general in Hungary

in Analysis, Articles, Corporate sector, Economy, Firms, Free publications

GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy.  This study summariee the most important result and formulated proposals to the Public Procurement Council, for the government and the National Assembly.

Employment possibilities mirroring in development intentions of enterprises

in Analysis, Articles, Corporate sector, Economy, Firms, Free publications

According to recent empirical research (subsidized by contract: OFA/10341/0004) development efforts of companies in Hungary are primarily determined by the market outlook, the role of financing conditions is much weaker. 

Think Global – Act European

in Analysis, EU, Economy

The Contribution of 16 European Think Tanks (one of them is GKI Economic Research Co.) to the Polish, Danish and Cypriot Trio Presidency of the European Union was published.

The forecast of GKI Economic Research Co. for 2011

in Analysis, Economic growth, General government deficit, Income, Szell Kalman Plan, Unemployment, Economy, Forecast

Some key indicators of the Hungarian economy are improving simultaneously with the easing of the global economic crisis; however, the real situation is not better than it was at the time of the change of government.

The forecast of GKI Economic Research Co. for 2011

in Analysis, Economic growth, General government deficit, Income, Szell Kalman Plan, Economy, Forecast

It took 10 months for the Hungarian economic policy to formulate those questions for which the answers should have been given in summer of 2010.

Stages in the history of Hungary's public debt

in Analysis, Eurozone accession, General government deficit, Government debt, Economy

In the assessment of Hungary’s public finance position the changes in the Maastrichtpublic debt play a prominent role.

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