Annotation
The OECDs survey of the Hungarian economy considers a range of issues including: macroeconomic developments and key economic challenges; structural policies to foster growth; product market competition and economic performance; and sustainable development. Overall findings include that, for Hungary to maintain strong growth, macroeconomic policy must aim for sound and sustainable public finances, low inflation and a competitive export sector (driven by foreign direct investment or FDI). The economy will only be able to reap the full benefits of EU accession and EMU entry if it establishes a sound macroeconomic framework, boosts labour force participation and sustains high productivity growth.
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