Working Papers
Dr. György Surányi: Hungary Hits the Wall
Summary of a speech given by Dr. Surányi at the annual meeting of the Financial Research Institute in Visegrád, Hungary on the 28th of October, 2011
Financial Research Working Papers, October 2011
Fiscal responses to the economic downturn in Eastern Europe in 2010-11
An economic downturn boosts demand for fiscal rebalancing. It can come either in the form of increased revenues or as spending cuts. Extra revenues can be generated in two major ways: 1) increasing traditional forms of taxes or 2) hitherto unknown, or unorthodox revenue raising, special taxes and levies. Latter was especially dominant in the case of Hungary.
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Direction of change in the pension systems in Eastern Europe
Pension costs are a considerable expenditure of every government and are not sustainable in their present form. The crisis has brought it to attention – but arguably not to the degree it would necessitate. Structural changes to the pension systems are thus rare and hard to come by.
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The dilemmas of the countries in Central Eastern Europe
Financial Research Working Papers, July 2011
The article was published in Global Affairs:
The Last Peaceful Days? - Central and Eastern Europe: The End of Illusions about the Golden Age (in Russian: Последние мирные дни?) In: Global Affairs, July-August, 2011 (pp 102-115)
Download: http://eng.globalaffairs.ru/number/The-Last-Peaceful-Days-15326
Keywords—Eastern Europe, Russia, International Relations, Economic Crisis
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