EU accession in 2004 has confirmed Hungary’s successful transformation from a centrally planned economy into a functioning market economy operating within the framework of a multi-party democracy. However, the country’s output per capita is still well below the EU average, and public...

Clusters of firms and related organisations in a range of industry specialisations are a striking feature of the economic landscape in all countries. Their growth and survival depends on internal processes of specialisation, co-operation and rivalry, and knowledge flows that underpin the...

Government at a Glance: How Hungary Compares presents recent comparable data on key indicators of government activities and performance in Hungary, compared with its neighbouring countries (Austria, Czech Republic, Germany, Poland, Slovak Republic and Slovenia) as well as the OECD average. The...

Tourism plays an increasingly important role in many OECD economies. How can its impact on the economy and its potential for job creation be measured? The Tourism Satellite Account and the Employment Module - two new economic instruments designed by the OECD’s Tourism Committee - provide...

This joint publication of the United Nations, the International Monetary Fund, the Organisation for Economic Cooperation and Development, the Statistical Office of the European Communities (Eurostat) and the World Bank complements the recommendations of the System of National Accounts, 1993...

Most countries have suffered from inflation within recent memory and countries in Latin America and the former Soviet Union have lived with very high rates of inflation for several years. Under inflation, national accounts at current as well as at constant prices will be seriously distorted...