Table of Contents

  • The Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The Survey was prepared in the Economics department by Jens Høj, Gabor Fulop, Ania Thiemann, Rory O’Farrell, Orsolya Fedor, seconded from the Hungarian Ministry of the Finance, and Anna Vindics under the supervision of Patrick Lenain. Statistical research assistance was provided by Klaus Pedersen and editorial assistance was provided by Poeli Bojorquez, Stephanie Henry and Sylvie Ricordeau. The previous Survey of Hungary was issued in May 2016.The Survey was discussed at a meeting of the Economic and Development Review Committee on 6 November 2018 with participation of representatives of the Hungary government and representatives of Denmark and the United Kingdom as lead speakers. Information about the latest as well as previous Surveys and more information about how Surveys are prepared is available at www.oecd.org/eco/surveys.

  • The economic outlook looks strong …… but the economy faces risks, including overheating of the labour marketThe high stock of inward FDI has bolstered GDP, but leaves unaddressed challenges …Upskilling, mobility and stronger regional growth are needed for securing equitable growthPopulation ageing is creating policy challenges

  • Recent macroeconomic developments and short-term prospectsMonetary, financial and fiscal policies to promote stability and well-beingAddressing longer-run challenges to well-beingGreening growth requires mitigation of small particles emissions

  • The objective of this Annex is to review action taken since the previous Survey's main recommendations