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Economy and politics in Hungary during 2nd Orbán Government Period |
Tartalom: | http://www.analecta.hu/index.php/analecta/article/view/139 |
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Archívum: | Analecta Technica Szegedinensia |
Gyűjtemény: | Articles |
Cím: |
Economy and politics in Hungary during 2nd Orbán Government Period
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Létrehozó: |
Gősi, János
Gál, József
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Kiadó: |
University of Szeged, Faculty of Engineering
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Dátum: |
2014-01-11
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Tartalmi leírás: |
The 2nd Orbán government and the more than two-thirds parliamentary majority behind a relatively heavy heritage took over in the summer of 2010. The left-liberal governments of GDP in 2006-2009, reaching 12% of the size of austerity (expenditure cuts and tax lifting) as a result of Hungary's policy is not developed in a similar situation as the crisis in Greece. The most difficult years of the crisis – between March and June 2009 – the international debt financing market premium for loans fall from six percent to two, the euro exchange rate is reduced from 270 to 315 HUF. The 2nd Orbán government's so-called unorthodox economic policies – which happened to break with the IMF and serious political disagreements with the EU has been associated with – as a result of increased to HUF exchange rate of 300, the premium at the end of 2011 exceeded 6% again; currently around 3%, although the EU abolished the excessive deficit procedure against Hungary, and the sixth year of the current account is positive. Hungary's GDP after a 6.7% decline in 2009, in 2010 – faster than expected – increased by 1.2%, in 2011 was only 0.7% in 2012 and 1.7 % drop. Accelerated use of the 2007-2013 periods, EU investment funds due to a 1-1.5% in 2014 and expected in 2013 2-2.5% growth. The Hungarian economic performance in the last decade since EU accession has been at average of less than 0.5% per year increased. The durable and – at least – from 2.5 to 3.5% growth per year have failed to materialize in the domestic political economy foundations between 2010 to 2014.
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Nyelv: |
angol
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Típus: |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Formátum: |
application/pdf
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Azonosító: |
10.14232/analecta.2014.1.22-26
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Forrás: |
Analecta Technica Szegedinensia; Vol 8 No 1 (2014); 22-26
2064-7964
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Kapcsolat: |