Blog Post
The rise and fall of Hungary
Zsolt Darvas takes a look at Hungary in the context of the financial crisis. In fact, he believes his country could adopt the euro in a few years, which would offer a shelter against contagion from possible future crises. But, he warns, the eurozone could also diminish incentives to reform. He hopes that the current […]
Zsolt Darvas takes a look at Hungary in the context of the financial crisis. In fact, he believes his country could adopt the euro in a few years, which would offer a shelter against contagion from possible future crises. But, he warns, the eurozone could also diminish incentives to reform. He hopes that the current crisis will shake up Hungarian politicians to think hard about the deeper structural problems of the country’s economy.
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