Clusters of firms and related organizations in a range of industry specializations are a striking feature of the economic landscape in all countries. Their growth and survival depends on internal processes of specialization, cooperation 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...

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...