查詢結果分析
相關文獻
- Growth and Macroeconomic Disequilibria in Hungary
- Achieving Macroeconomic Objectives: The Roles of Markets and Capital Controls
- 2009-2010國內外總體經濟回顧與展望
- Macroeconomic Variables and Islamic Bank Stock Returns: Panel Data Evidence from GCC Countries
- The Causality between Macroeconomic Factors on Stock Returns: A Study of Pakistan Equity Market
- Impacts of Macroeconomic Variables on Economic Growth: A Panel Data Analysis of Selected Asian Countries
頁籤選單縮合
題 名 | Growth and Macroeconomic Disequilibria in Hungary |
---|---|
作 者 | Kornai,Janos; | 書刊名 | 經濟論文 |
卷 期 | 24:1 1996.03[民85.03] |
頁 次 | 頁1-44 |
分類號 | 551.442 |
關鍵詞 | Hungary; Macroeconomic; |
語 文 | 英文(English) |
英文摘要 | This study examines five macroeconomic tensions- the problems of inflation, unemployment, budget deficit, balance-of-payments deficit, and falling production. However, it does not over all the essential questions of the Hungarian macro economy; monetary policy, for instance, is ignored. The article's leitmotif is that a resolution of all these disequilibria will be aided if production steadily grows, and so each problem is analyzed principally from this point of view. 1/ Hungary's inflation is basically inertial in nature, which a makes it especially important to end automatic wage indexation and to curb wage increases. A steady change must be made in the ratio of consumption to investment, to the benefit of the latter. 2/ Reduction of unemployment is being impeded by high labor costs, with wages paid attracting very high taxation. 3/ Consistent efforts must be made to reduce and then eliminate the budget deficit, one requirement here being steady growth. The central problem in Hungarian fiscal policy is the unrealistic scale of the state's welfare commitments. Hungary is a premature welfare state. Redressing this disproportion entails major political difficulties. 4/ The balance-of-payments deficit causes a grave problem. To overcome it calls for a better exchange-rate policy, coupled with a structural alteration of production that helps to promote exports and reduce the import demands of production. 5/ This study takes issue with the strategy of first seeking to remedy the disequilibria and only aiming for growth at a later stage. These are concurrent tasks: measures to stimulate growth must not be postponed. |
本系統中英文摘要資訊取自各篇刊載內容。