Profit or Loss? Assessing the Hungarian National Bank

The Hungarian National Bank (MNB) has reported negative equity of HUF 3,200 billion. This figure has appeared in several news reports and is significant in its own right. Yet the central bank rarely features in our everyday concerns, even though...

The Hidden Costs of Regulation

We have repeatedly discussed the fact that improving the productivity of the Hungarian economy may depend to an important extent on improving the performance of small and medium-sized enterprises. However, the economic environment in which businesses operate is influenced not...

Rising Hungarian Real Estate Prices Due to Industrial Development: An Expanded Analysis

The Hungarian government’s ambitious industrial development plans, aimed at boosting the electric vehicle industry, will lead to the construction of significant manufacturing capacity in the country in the coming years. While this development is welcome, it can also have unintended consequences, particularly in the real estate markets of rural cities.

Degrowth – Paradox or Reality?

Modern economics has developed countless new theories, but not all of them can be translated into practical applications. The processes shaping today's economy take place within such complex social and technological systems that economics, based on its traditional foundations, can...

Where to, Hungarian economy?

The Hungarian economy’s own resources are being depleted, making it difficult to choose the right direction for economic development.