Overview of the mid-term processes of the world economy on the Hungarian economy (growth) and its impact on public finances

The study was prepared for the Secretariat of the Budgetary Council of the Hungarian National Assembly by the Kopint-Tárki team to review the impact of global economic processes on the Hungarian economy. The paper analyzes the growth processes in the world economy, focusing on the second half of the 2010s, and the regional characteristics of the Hungarian foreign trade relations over the 2012-2016 period. It also examined the commodity structure of the Hungarian import and export between 2012-2016 as well as the impact of foreign trade performance on the growth of the Hungarian economy, the net external financial liabilities and the budget situation.
The paper was made by Rozália Bogoné Jehoda, Ágnes Nagy, Katalin Nagy, Gábor Oblath, Éva Palócz. The working group was led by Éva Palócz.

The study is available here in Hungarian.