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Table of contents; Basic statistics of Hungary, 2012; Executive summary; Main findings; Key recommendations; Assessment and recommendations; Stronger and more inclusive growth; The pressing policy challenge is to stabilise the economy; Figure 1. Key indicators; Table 1. Macroeconomic indicators and...

Figure 6. Monetary and financial indicatorsRestoring financial intermediation remains a key challenge; Figure 7. Banking sector indicators; Strengthening institutional arrangements; Box 1. Main recommendations on monetary policy and financial stability; Fiscal policy; Substantial fiscal consolidatio...

Enhancing competition and the business environmentFigure 9. Product market regulation indicator; Regulatory burdens and instability are high; Figure 10. Administrative burdens are high; Institutional quality has room for improvement; Fostering SME growth and entrepreneurship; Barriers to entry in se...

Box 3. Main recommendations to enhance competition and the business environmentImproving the efficiency and inclusiveness of the labour market; Figure 14. Labour market indicators; Boosting demand for low-skilled labour, especially in disadvantaged regions; Figure 15. Employment rate by educational...

BibliographyAnnex. Progress in main structural reforms; Thematic chapters; Chapter 1. Enhancing competition and the business environment; The growth potential has markedly declined; Figure 1.1. Potential growth; Spillovers from multinationals are limited; Figure 1.2. Investment; Figure 1.3. Domestic...

Reducing administrative burdens and regulatory instability