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Analyse the debt of Hungary in the 1990's. Use economic theory to explain the relationship of debt with the macroeconomic aims and indicators.

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Name: Aleksandra Hertelendi Course: B.A. (Hons) in European Business Administration 1st year, 2nd semester Unit title: Foundation to Economics Seminar Group: C Seminar Tutor: dr. Gáspár Tamás Assignment deadline: 7. April 1999 Title: Analyse the debt of Hungary in the 1990's. Use economic theory to explain the relationship of debt with the macroeconomic aims and indicators In this assignment I would like to state first what government debt is and how does it affect the economy. We would like to analyse the debt of Hungary in the 1990's from 1990 to 1997, with the help of data collected by the Központi Statisztikai Hivatal (Central Statistical Office), and the reports provided by the Hungarian Ministry of Finance1. At the end we would also like show what implication debt had on macroeconomic aims and indicators of Hungary. Just before starting we would like to define what macroeconomic aims and indicators are. The main macroeconomic indicators of a country are the GDP, the current...

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