A Világgazdasági Intézet blogja

Világgazdasági Intézet, MTA Közgazdaság- és Regionális Tudományi Kutatóközpont / Institute of World Economics, Centre for Economic and Regional Studies HAS





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Public finance consolidation in V4 plus Ukraine

2015.06.18. 11:51 Világgazdasági Intézet

All Visegrad countries (i.e. the Czech Republic, Hungary, Slovakia and Poland) have decreased their structural budget deficits below 3% of GDP by 2014 and, consequently, exited the Excessive Deficit Procedure – corrective arm of the Stability and Growth Pact of the EU. The external pressure from…

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Címkék: eng portfolioblogger Ukraine Peter Golias public finance consolidation Visegrad countries

The impact of European Union membership on Hungarian agricultural trade

2014.09.20. 18:34 Világgazdasági Intézet

The main objective of the paper published in the latest issue of Studies in Agricultural Economics (see:  Hegedüs Zsuzsanna - Kiss Judit.: The impact of ten years of European Union membership on Hungarian agricultural trade. In: Studies in Agricultural Economics Vol. 116, 2014. p. 87-94.) was to…

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Címkék: eng kiss judit Hungary agriculture Hegedüs Zsuzsanna

Assessing welfare state generosity ratios for different welfare regimes

2014.01.05. 21:15 Világgazdasági Intézet

The aim of understanding welfare state developments has been of great interest in comparative social policy. These analyses mainly focus on affluent capitalist democracies excluding the former socialist states. Recently the formation and development of the welfare state among East Central European…

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Címkék: eng portfolioblogger welfare state Orosz Ágnes welfare models

The EU and its Eastern Partners: the role of the ‘Russia factor’ - Thoughts related to the Vilnius summit and the Ukrainian ‘NO’

2013.11.28. 14:09 Világgazdasági Intézet

Slow progress within the EU Eastern Partnership (EaP) program and disappointment of all affected partners can be explained by both problems arising on the EU and the Eastern Partners’ side. Besides recent economic difficulties, diverging member state interests and approaches including the ‘South…

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Címkék: ukrajna oroszország eng portfolioblogger ludvig zsuzsa Ukraine eastern partnership

Financial regulation differences in the EU and the US

2013.10.28. 09:55 Világgazdasági Intézet

As a consequence of the current financial and economic crisis, the EU and the US are in the midst of fundamental institutional and regulatory changes. Appropriate regulatory responses given to recurring crises are persistent problems of capitalism. In the period of economic upturn preceding the…

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Címkék: eng biedermann zsuzsánna Orosz Ágnes financial market regulation Dodd-Frank Act EMIR MiFID Basel III CRD IV

Some relevant details about social processes – the challenges we face

2013.10.24. 15:33 Világgazdasági Intézet

On the long term the increase of the world population will peak at 9 billion people according to the latest projections from the United Nations. This raises the problem of the regional and age dispersion of the population. Mid-term calculations show that until 2050 Europe will lose its current…

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Címkék: social population eng EU processes

Mobilizing LULUCF in the Post-Kyoto Framework

2013.05.10. 13:59 Világgazdasági Intézet

In what follows Future Forests’ LULUCF researchers David Ellison, Mattias Lundblad and Hans Petersson report on the results of a panel that was organized and held at the annual Conference of the Parties meeting (COP18/CMP8) in Doha, Qatar. Panel Introduction In the context of the UNFCCC…

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Címkék: eng climate change LULUCF David Ellison Mattias Lundblad Hans Petersson Post-Kyoto Framework

The development of Hungarian foreign trade with Asia

2013.05.03. 14:11 Világgazdasági Intézet

Hungary is a small and open economy depending on foreign capital and exports. As far as geographical distribution, structure and the size of exporting companies are concerned, Hungarian export is concentrated. The share of the European Union in Hungary’s exports (imports) was 76% (70%) in 2012.…

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Címkék: trade asia eng portfolioblogger éltető andrea völgyi katalin

The cost efficient inclusion of LULUCF in the EU Climate Policy Framework

2013.04.26. 13:33 Világgazdasági Intézet

Due to photosynthesis, forests and forest products play an important role in climate change mitigation. In Sweden the annual gross removal from living tree biomass is currently about 165 Million Metric tons of CO2-equivalent (MtCO2e) per year. This can be compared to the reported net emission from…

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Címkék: eng portfolioblogger david ellison climate change hans petersson LULUCF EU Climate Policy Framework

Romanian elections 2012

2012.12.10. 18:10 Világgazdasági Intézet

On the 9 December, 2012, the Social Liberal Union (Uniunea Social Liberală, USL), the center-left alliance led by Prime Minister Victor Ponta won the Romanian parliamentary elections with a landslide victory. The official results from the electoral commission were even more convincing of the…

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Címkék: eng Románia Orosz Ágnes

Is world trade recovering from the crisis?

2012.11.25. 21:01 Világgazdasági Intézet

One of the most shocking consequences of the recent world economic crisis was the considerable contraction of world trade: though the growth rate of world merchandise trade had been slowing down since 2006, the lowest point was reached in 2009 when the volume of world trade decreased by 12.1%…

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Címkék: crisis eng kiss judit world trade

On the Future of REDD+ and the Carbon Market

2012.11.07. 15:55 Világgazdasági Intézet

Within the MAPS programme on Mitigation Action Plans and Scenarios, Argentina, Brazil, Chile, Colombia, Peru and South Africa are considering the potential role of forests in their overall climate change mitigation action plans. The most recent MAPS meeting addressing the role of forest took place…

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Címkék: eng david ellison climate change

Global labour market and profit trends

2012.10.30. 13:28 Világgazdasági Intézet

64.1% of the global population, age 15-74, was ‘active’, i.e. worked or was looking for work in 2011. Their number decreased by 29 million over the four years of the crisis. The activity rate of the cohort under 25 is even smaller (48.7%). Moreover this rate has been declining for many years,…

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Címkék: market munkaerőpiac eng labour artner annamária

Where the management of the crisis had already begun before the crisis – Brazil

2012.10.29. 13:07 Világgazdasági Intézet

Considering both its economy and population together, Brazil represents the 6th largest country in the world. The country is one of five new major players in the global economy referred to as the BRICS (Brazil, Russia, India, China and South Africa) countries. The last several decades of development…

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Címkék: crisis eng artner annamária Brazil

The Greek crisis rolls on...

2012.10.26. 11:01 Világgazdasági Intézet

Greece has been rocked by the crisis more than any country in the Eurozone. Almost every important bit of socio-economic data is worse than for any other member of the group of 17 Euro-member states. Greek GDP has fallen 17.4% since the beginning of the crisis. In 2013 the outlook is expected to…

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Címkék: görögország válság crisis eng greece artner annamária

Open Letter to Mr. Asger Olesen & DG Climate Action (European Commission) Integrating LULUCF into the EU Climate Policy Framework

2012.10.06. 08:44 Világgazdasági Intézet

Dear Mr. Asger Olesen and DG Climate Action, My colleagues write to you regarding the EU’s current plans to move ahead with greater integration of LULUCF (land use, land use change and forestry) into the general EU climate policy framework (COM(2012) 93 final). On the one hand we strongly welcome…

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Címkék: eng david ellison climate change open letter Asger Olesen

Structural change in the automotive industry – corporate strategies and the impact of the crisis

2012.09.21. 21:07 Világgazdasági Intézet

A brief glance at automotive industry focused news (e.g. www.just-auto.com) or industry-specific compilations of articles is sufficient to convince readers that the crisis in the automotive sector is not over yet: the global restructuring of the industry continues. The crisis has reinforced and…

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Címkék: eng Szalavetz Andrea automotive industry

A Spanish bailout - To request or not to request?

2012.09.21. 20:39 Világgazdasági Intézet

That is the question for Spain. The prime minister is apparently hesitating to ask officially for the available bailout possibility. This opportunity became available on the 6th of September with Mario Draghi’s (president of the European Central Bank) announcement concerning additional…

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Címkék: eng spain bailout éltető andrea

Can Spain and Portugal place their hopes in growing exports?

2012.04.20. 18:56 Világgazdasági Intézet

Not long ago, my previous post on the Spanish economy closed with a question about the missing economic growth. Spain and Portugal are struggling with recession. Several think exports can provide a ray of hope by inducing growth. But this remains uncertain. I provide three tables below in an effort…

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Címkék: eng portugal spain recession éltető andrea

Harvesting Durban: The Opportunities and Challenges for Central and Eastern Europe

2012.04.19. 14:27 Világgazdasági Intézet

  Unnoticed amid disappointment over the failure to conclude a more decisive agreement at the COP17 meetings in Durban, negotiations in the AWG-KP over future LULUCF carbon accounting rules has witnessed some important changes. For Hungary at least, as well as for many of the Annex I countries…

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Címkék: eng durban david ellison climate change central and eastern europe

Leaders change, business does not: Italy-Russia economic relations in 2012

2012.03.16. 07:04 Világgazdasági Intézet

  Following Mario Monti’s appointment as Italy’s Prime Minister in November 2011, President of the Republic Giorgio Napolitano argued that Italy’s relations with Russia had to be “de-personalized”. He was clearly referring to the close personal relationship between…

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Címkék: russia italy eng marco siddi

The first weeks of the New Spanish government

2012.02.17. 11:26 Világgazdasági Intézet

„The labour reform will cost me a general strike” – said Mariano Rajoy, the Spanish prime minister, to the Finnish prime minister at the EU summit held on 30. January. He did not know that the microphone remained turned on… Indeed, the first weeks of the new Spanish…

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Címkék: eng spain éltető andrea labour reform austerity package financial reform