MSc in Economics, graduated in 1961 from the Karl Marx University of Economic Sciences.
From 1961 to 1965 he taught at the university as Junior Assistant Professor. In 1975 he was appointed as Associate Professor.
From 2000 to 2011 he taught finance and international finances at the College of Szolnok. In 2003 he was appointed as University Full Professor of the Pázmány Péter Catholic University. Professor Emeritus since 2011.
From 1965 he headed the Scientific Department of the Institute of Planned Economy for 10 years. From 1975 to 1981 he worked as a consultant for the Economic Commission for Europe of the United Nations (UNECE). He was department head at the National Planning Office between 1981 and 1990. Between 1992 and 2000 he acted as the head of the Secretariat of International Financial Institutions. Member of the Board of Directors of Kereskedelmi és Hitelbank Rt. between 1995 and 1997. He became the member of the Board of Directors of Budapest Bank Rt. in 1997. Director General of the Research Institute of the State Audit Office between 2003 and 2008.
His areas of research include econometrics, the drivers and effects of the development of globalisation with special regard to the spreading new forms of the public and private sectors' cooperation and the transparency of the public finances. In 1971 he obtained his PhD and in 2000 he was declared as habilitated doctor in economics. In 2007 he was awarded the Commander Cross of the Order of Merit of the Hungarian Republic.
In addition to his scientific work he is also a poet; several books of his poetry were published. In 2008 and in 2012 he received the Bertha Bulcsú Award and the Attila József Prize, respectively.