OECD economic surveys : Hungary 1999 / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, issuing body.

Series:

OECD economic surveys.

OECD Economic Surveys

Language:

English

Subjects (All):

Medical economics--Hungary.

Medical economics.

Hungary--Economic conditions--1989-.

Hungary.

Hungary--Economic policy--1989-.

Physical Description:

1 online resource (154 pages).

Edition:

1st ed.

Place of Publication:

Paris, France : OECD Publishing, [1999]

Language Note:

English

Summary:

Assessment and recommendations I. Recent trends and prospects -Overview -Strong growth supported by increasing domestic demand -Improved labour market conditions -Still high but declining inflation -External balance -The short-term outlook II. Macroeconomic policies -Monetary management -The fiscal stance -Assessment and challenges III. Progress in structural reform -The labour market -Implementation of the reformed pension scheme -Foreign direct investment, economic restructuring and privatisation -Banking sector developments IV. The healthcare system -Organisational structure -International comparison -Policy priorities -Reform of the system Glossary Bibliography Annexes -I. Why do balance of payments and customs-based data differ on trade? -II. Calendar of main economic events.

Contents:

Intro

Table of contents

Assessment and recommendations

I. Recent trends and prospects

Overview

Table 1. Quarterly gross domestic product

Figure 1. Macroeconomic performance

Strong growth supported by increasing domestic demand

Figure 2. The climate in the private sector

Table 2. Gross domestic product, by sector

Improved labour market conditions

Figure 3. Employment, unemployment and the labour force

Table 3. Earnings per employee

Still high but declining inflation

Figure 4. Consumer price developments

External balance

Figure 5. Trade performance

Figure 6. Customs versus balance of payments trade data

Table 4. Current account of the balance of payments

Table 5. Financial account of the balance of payments

Table 6. Capital flows in the balance of payments

Box 1. Hungary and the international financial crisis

Figure 7. The Budapest stock exchange

The short-term outlook

Table 7. Short-term projections

II. Macroeconomic policies

Monetary management

Interest and exchange rate developments

Figure 8. Monetary conditions

Figure 9. Interest rate and exchange rate developments

Figure 10. The forint in its fluctuation band

Figure 11. Exchange rate fluctuations and official reserves

Money and credit

Table 8. Money and credit

The fiscal stance

Table 9. General government accounts

Table 10. Gross debt of the general government

The 1997 and 1998 budget outcomes

General government

Table 11. Cash-flow versus accrual accounts

Table 12. Consolidated general government revenues and expenditures

Central government

Table 13. Central government accounts - unconsolidated

Table 14. Balance of the social security funds

Local government

Table 15. Local government consolidated accounts

The 1999 budget

Assessment and challenges.

III. Progress in structural reform

The labour market

Table 16. Implementing the OECD Jobs Strategy: overview and assessment

Increasing the flexibility of employment and working-time

Working time changes

Dismissals

Taxes and transfers

Table 17. Proposed compulsory taxes and contribution rates according to earnings

Wage formation

Unemployment and related allowances

Disability benefits

Table 18. Benefit recipients by income support scheme

Family benefits

Active labour market policies

Education and training

Scope for further action

Implementation of the reformed pension scheme

Foreign direct investment, economic restructuring and privatisation

Table 19. Foreign direct investment and the macroeconomy

Box 2. FDI regulation

Figure 12. Sectoral productivity growth and foreign direct investment in manufacturing

Box 3. The automotive industry in Hungary

Table 20. Privatisation revenues

Table 21. Companies managed by Hungarian Privatisation and State Holding Company by sector

Banking sector developments

Table 22. Breakdown of banking assets by size and ownership

Table 23. Ownership structure of the banking system

Table 24. Breakdown of outstanding bank debts by risk categories

Table 25. Measures of banking sector efficiency

Figure 13. Interest rate spreads Lending minus deposit rates, 1-year at most

Table 26. Decomposition of the bank interest-rate spread

Box 4. Recent banking sector difficulties: the case of Postabank

Figure 14. Stock of real credit to enterprises

Table 27. Assets and liabilities of the banking sector

IV. The healthcare system

Organisational structure

Table 28. Roles of the institutional actors in the healthcare system

Box 5. The structure of healthcare delivery

International comparison

Figure 15. Life expectancy.

Figure 16. Health risk factors

Table 29. Male mortality from selected causes

Figure 17.Healthcare expenditure

Table 30. Per capita healthcare expenditure at purchasing-power parities

Table 31. Revenues and expenditures of the Health Insurance Fund

Table 32. Healthcare expenditure in Hungary

Table 33. Health-sector employment in the OECD area 1

Table 34. Trends in health-sector employment in Hungary

Figure 18. Health-sector compensation in the OECD

Table 35. Monthly average health-sector earnings

Table 36. Hospital and bed densities

Table 37. Hospital beds per capita

Table 38. Doctor-patient encounters

Table 39. Indicators of health and socio-economic status and of health services levels by region

Figure 19. Regional inequalities in resource use and capacities

Table 40. Hi-tech medical equipment

Table 41. Stock and age of conventional medical equipment

Policy priorities

Box 6. A chronology of reform measures in health care

Cost containment

Table 42. Retail pharmaceutical spending and subsidies

Figure 20. Projected healthcare demand and supply

Microeconomic inefficiencies

Policy and administrative problems

Table 43. Hospital size and revenue by type

Ineffective supervision

Inappropriate incentives

Table 44. Inpatient and outpatient activities and billings

Reform of the system

Recent policy steps

Notes

Glossary

Bibliography

ANNEXES

Annex I - Why do balance of payments and customs-based data differ on trade?

Table A1. Customs and balance of payments trade data

Annex II - Calendar of main economic events

BASIC STATISTICS: INTERNATIONAL COMPARISONS

BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont'd)

BOXES.

Box 1. Hungary and the international financial crisis

TABLES

Table 28. Roles of the institutional actors in the healthcare system.

Table 29. Male mortality from selected causes

ANNEX

FIGURES

Figure 15. Life expectancy

Figure 16. Health risk factors

Figure 17. Healthcare expenditure

Figure 18. Health-sector compensation in the OECD.

Figure 19. Regional inequalities in resource use and capacities.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-16726-9

OCLC:

1132391784