Study on the impacts of COVID-19 on competitiveness

Péter Vakhal presented our fresh study ‘COVID-19, sustainability and economic growth in competitiveness in Hungary’ commissioned by the Fiscal Council of the Hungarian Parliament, at a joint conference of the Council and the Hungarian Society of Economists. 

The pandemic has set under way such economic and social developments that diverted national economies from their previous paths. Experts unanimously agree that economic growth relying on the rapid expansion of household consumption cannot be maintained in its current form. The study analyses the background and the impact of the crisis in five dimensions, all from the point of view of sustainability. 

A short summary of the study in English is available here, with a link to the full text in Hungarian.