cover image: FINANCIAL AND GEOPOLITICAL CHALLENGES - Post-election outlook for the Hungarian economy 2022-2026

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FINANCIAL AND GEOPOLITICAL CHALLENGES - Post-election outlook for the Hungarian economy 2022-2026

20 May 2022

The most important of these motivated by the elections in April, and is a nuclear power plant to be built by the burden of the most generous utility Rosatom in Paks. [...] THE HUNGARIAN ECONOMY AND ITS DEPENDENCIES The recently re-elected Hungarian government faces Structurally, the Hungarian economy is amongst those serious financial and political challenges due to external countries in the EU which are most dependent on the and internal factors alike. [...] These Hungary reached 76 percent of the EU’s development in transfers combined with the economic effects of the Russian terms of GDP per capita, which is a significant improvement aggression against Ukraine have worsened the already compared to the 30-35 percent level of the early 1990s. [...] The EU is reluctant to provide financial is not available, the government would need to look for an help for Hungary, as it has contradicted the credibility of the alternative nuclear option from the West (France or US Rule of Law mechanism (see the end of the first paragraph could be options), however, such an investment falls well in this section). [...] These topics include robotization, the transforming labor market, the air quality and the pollution of freshwater, national identity and the role of com- munities in a society, the future of education, the country’s economic take-off, or the changing world order.
Pages
16
Published in
Hungary