Budgeting in Hungary during the Democratic Transition

Apr 22, 1998

This article examines budgeting in Hungary since 1989, beginning with an analysis of the comparative budgeting literature to identify an appropriate theoretical framework for the study. It explores budget definition and measurement problems, debt and economic conditions, external actors and constraints on the budget, budget institutions, and the impact of parliament on the budget, concluding with an assessment of the problems and prospects for Hungary’s budget.