OECD Economic Surveys: Hungary 1995

Table of Contents

Introduction
I. Growth with widening imbalances: macroeconomic developments in 1993-1994
-Overview
-The recovery of demand and output
-Increased macroeconomic imbalances
-The policy environment at the end of 1994
II. Macroeconomic policies and options
-Overview
-Fiscal policy
-Developing a new approach for wages policy
-Monetary and exchange rate policy
-Recent developments and short term prospects
III. International competitiveness
-Introduction
-Assessing international competitiveness
-Assessment: what is the nature of the competitiveness problem
IV. Progress in areas of structural reform
-Overview
-Continuing efforts to improve financial discipline
-Privatisation: changing techniques and policy orientations
-The case of agriculture
-Trade and competition policies
V. Conclusions
-Assessment
-Recommendations 
Notes
Annexes
-I. Debt dynamics in Hungary
-II. Financial performance of enterprises
-III. Decomposing the trade balance
-IV. Poverty and income distribution