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Ex-post evaluation of balance of payments support operations to Hungary
Client/Funding Institution
European Commission, DG Economic and Financial Affairs
Abstract
This evaluation focused on assessing ex post the contribution of the EU financial assistance to Hungary made available in Nov. 2008. The exercise covered three main areas of analysis: (i) Economic impact of the BoP assistance on the Hungarian economy with and without IMF involvement. (ii) Value added of the EU intervention provided through the operation and (iii) Sustainability of the country’s external position as a result of the assistance. The project was undertaken within the "Multiple Framework Service Contract for the provision of evaluation and evaluation related services to DG ECFIN“, coordinated by Ecorys. A wiiw Senior Expert was part of the research team.
Duration
September 2011 - December 2012
wiiw team Leader
Project Partners
Ecorys
Keywords: economic policy, macroeconomic analysis
Countries covered: Hungary, New EU Member States
Research Areas: Macroeconomic Analysis and Policy