Dear Guest! If you find an error on the page or you have any technical question please call the customer service center. Phone number is 06-80-203-776. The Central Bank of Hungary.
HU

Competitiveness mirror

Print

Since 2013, in accordance with its legal mandate, the Magyar Nemzeti Bank (MNB) has been carrying out its tasks with a broader perspective than previously and incorporates the in-depth analysis and assessment of Hungary’s competitiveness into its traditional central banking and macroeconomic analytical framework, including formulation of recommendations as well. 

The Competitiveness Mirror aims to monitor, in a structured manner, how the targets and recommendations made by the MNB in the Competitiveness Programme have been implemented so far, which supports the execution and thus contributes to the necessary turnaround in competitiveness. Launched in 2019, the Competitiveness Mirror assesses Hungary’s progress in competitiveness every autumn, based on the 330 recommendations published in the Competitiveness Programme. The monitoring system uses both descriptive and analytical methods to measure the implementation of the central bank’s recommendations. The chapters presenting the details provide a descriptive summary of the measures related to each recommendation, based on which the analytical chapter quantifies progress in implementation. Progress is evaluated in dual approach, because, in addition to a summary of the results, the remaining tasks are also highlighted. With the creation of this measurement system, the MNB will analyse and monitor Hungary’s progress in competitiveness in a unique way by international standards.

Published by the Magyar Nemzeti Bank
H-1054 Budapest, Szabadság tér 9.
Publisher in charge: Eszter Hergár
Editor: Dániel Palotai 
ISBN 978-615-5318-31-3

This website uses cookies to provide a more convenient browsing experience. By using this website, you accept the use of cookies. Please read our Cookie Guidelines, for more information on cookies, including information on how to disable or delete them.I accept

Please be informed that our Data Protection Guidelines were changed to be compliant with data protection laws.I understand