Realignment of fiscal processes in major countries in the world economy, in the EU and Hungary in 2015

The study examines the realignment of fiscal developments as a result of the crisis in the world’s most important economies. It provides an overview of public finances before, during and after the crisis, and examines the structural changes in public spending as a result of the crisis to the present day in the EU Member States. The study also examines the overall indicator of internal structural change in expenditure, provides an overview of changes in the budgetary expenditure structure of some of the major OECD Member States and assesses public finances trends in the light of economic growth. It also analyzes the similarities and differences in the expenditure structure of public finances and gives an international comparison of the use of the Structural and Cohesion Funds between 2007 and 2013.

Secretariat of the Fiscal Council of Hungary
Project leader:
Éva Palócz
Péter Vakhal, Nóra Serfőző, Annamária Pethő