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III. The External Current Account and Net Foreign Assets: Longer-Run Equilibrium Perspectives

III. The External Current Account and Net Foreign Assets: Longer-Run Equilibrium Perspectives »

Source: Hungary : Economic Policies for Sustainable Growth

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557757098

Keywords: inflation, debt, current account, interest, national bank

The external current account in Hungary has been volatile during the transition period since 1989: small surpluses in the early years were followed by current account deficits of about 10 percent of GDP in 1...