Analysis of the Hungarian SME structure by circular statistics tools PÉTER VAKHAL Domestic SMEs give much more weight to local factors in their location choices than large companies. The study investigated whether the structure of the domestic SME space can…

The European integration of the Western Balkans: business opportunity or economic challenge? OLEG TANKOVSKY – VIKTÓRIA ENDRŐDI-KOVÁCS The aim of the study, based on a complex indicator developed by the authors, is to examine the evolution of the economic integration…

Abstract Economic analyses in Spring 2023 Külgazdaság has been publishing forecasts and analyses by economic research institutions, including the outlook of the National Bank of Hungary, since 2001. This year, we asked our regular contributors to reconsider, whether the tools…

Inflation or recession? Or is there any other option? Inquiry of the editors of Külgazdaság about the main dilemmas of 2023 Having passed the years of deflation, followed by closures in 2020–2021 during the Covid–19 pandemic and the efforts of…

Economic policy options to address energy shocks in small-sized and open countries ÁDÁM CZELLENG Following the coronavirus outbreak and Russia’s aggression against Ukraine, double-digit inflation has resurfaced in Europe, mainly due to the rise in energy prices. Economic policy makers…

Economic analyses in Spring 2022 Külgazdaság has been publishing the analyses and the forecasts of Hungarian economic research institutions since 2001 and this tradition is continued in this issue as well. According to the Spring World Economic Outlook of the…

Which are the weakest links? Katalin Antalóczy, István Benczes, Péter Ákos Bod, László Csaba, György Csáki, István Csillag, Dóra Győrffy, Péter Halmai, Diána Horváth, Gábor Karsai, Péter Mihályi, Dániel Molnár, L ászló Muraközy, Katalin Nagy, Éva Palócz, Mária Zita Petschnig,…

The relationship between digital development and export activity of Hungarian SMEs ZSOLT ROLAND SZABÓ – BORBÁLA SZEDMÁK – ANNA TAJTI Digital transformation has resulted in significant changes in the economy and society as well as in the life of companies.…

The effects of inward foreign direct investments on Hungarian economic growth – heterogeneity by country of origin LÁSZLÓ TŐKÉS After the regime change in 1989, Hungary has been involved in globalization whose one of the most important component are international…

Components of nominal convergence: real economic and price level convergence in the European Union between 1995 and 2019 GÁBOR OBLATH Significant cross-country differences in real income levels are accompanied by sizable differences in price levels, and, in the longer run,…