2012-11-12 18:21:02 - Country Analysis Report - Hungary - In-depth PESTLE Insights - a new country guide report on companiesandmarkets.com

GDP growth in Hungary averaged 1.9% during 2001–10, which is lower than the growth rate of 1.9% per year achieved during 1992–2000. GDP growth was at an average of 4.1% between 1997 and 2006. However, the country´s weak economic conditions and the global financial downturn led to low growth of less than 1% in 2007–08, and a 6.7% contraction in 2009. The economy recovered in 2010, growing by a little over 1%. According to Datamonitor estimates, the economy will grow at a rate of 2.6% in 2011.

Introduction

The country analysis report on Hungary provides a wide array of analytical inputs to analyze the country´s performance, and the objective is to help the reader to make business decisions and prepare for the

 

 

future. The report on Hungary analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of Hungary. The report provides a holistic view of Hungary from historical, current and future perspective. Insightful analysis on critical current and future issues is presented through detailed SCPT (strengths, challenges, prospects and threats /risks) analysis for each of the PESTLE segments. In addition, the PESTLE segments are supplemented with relevant quantitative data to support trend analysis. The PESTLE country analysis report series provides an in-depth analysis of 50 major countries.

Features and Benefits

• Understanding gained from the country analysis report on Hungary can be used to plan business investments or market entry apart from a holistic view of the country.
• Political section on Hungary provides inputs about the political system, key figures in the country, and governance indicators.
• Economic section on Hungary outlines the economic story of the country to provide a balanced assessment on core macro-economic issues.
• Social section on Hungary enables understanding of customer demographics through the income distribution, rural-urban segmentation and centres of affluence, healthcare and educational scenario in the country.
• Technological section on Hungary provides strategic inputs on information communications and technology, technological laws and policies, technological gaps, patents data and relevant laws.
• Legal section on Hungary provides information about the legal structure, corporate laws, business set-up procedures and the tax regime.
• Environmental section provides information on environmental policies in Hungary and the performance in terms of important environmental indicators.

Highlights

PESTLE analysis of Hungary identifies issues that affect the country´s performance through the prism of current strengths (strengths), current challenges (weaknesses), future prospects (opportunities) and future risks (threats).

The political landscape discusses the evolution of the political scenario in Hungary in different periods. The economic, social, foreign and defence policies are considered in the political landscape section. It also discusses the performance of the country as per World Bank Governance Indicators.

The economic landscape describes the evolution of the economy of Hungary in different periods. It also examines the country´s performance in terms of GDP growth, composition by sector (agriculture, industry and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector and employment. The economic landscape also explains the financial system in the country, especially with regard to financial authorities/regulators.

The social landscape covers the demographics, education and healthcare scenario in Hungary. The social welfare policies of the government along with the country´s performance in terms of healthcare, income distribution and education are also provided.

The technological landscape discusses the structure and policies in terms of Intellectual property, research & development, technology agreements/pacts; and policies related to the promotion of technology in Hungary.

The legal landscape examines the structure of the judicial system, legislation affecting businesses, tax regulations, labor laws, trade regulations and corporate governance in Hungary.

The environmental landscape in Hungary discusses the environmental regulations and policies of the country. The performance of the country in terms of in terms of environmental indicators and impact of environmental policies is also examined.

Your key questions answered

• What is the outlook in terms of political stability, policies towards businesses, external front and popularity of government in Hungary?
• What is the economic performance of Hungary in terms of GDP growth, fiscal situation, international investment position, monetary situation, credit disbursement, and employment among other economic indicators?
• What is the performance of Hungary in terms of healthcare, income distribution and education?
• What is the performance of Hungary in technology intensive sectors like telecommunications and information technology, patents and R&D expenditure trends?
• What is the legal structure in Hungary and are the laws conducive for investment?
• What is the performance of Hungary in terms of environmental indicators and impact of environmental policies?

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