Hungary & the Czech Republic Kenny Watson May 17, 2005.

Hungary & the Hungary & the Czech RepublicCzech Republic

Kenny WatsonKenny WatsonMay 17, 2005May 17, 2005

Czech RepublicCzech Republic

Capital: Prague

78,866 sq. km

(77,276 land, 1,590 water)

Czech RepublicCzech Republic

Capital: Prague

78,866 sq. km

(77,276 land, 1,590 water)

HungaryHungary

Capital: Budapest

93,030 sq. km

(92,340 land, 690 water)

HungaryHungary

Capital: Budapest

93,030 sq. km

(92,340 land, 690 water)

PopulationPopulation(July 2005 est.)(July 2005 est.)

10,241,138 total population

Birth rate- 9.07 births/1000

+Migration rate- 0.97/1000

-Death rate- 10.54 deaths/1000

=Population Growth rate- -0.05%

Density/sq mile- 336

+Migration rate- 0.86 /1000

PopulationPopulation(July 2005 est.)(July 2005 est.)

+Migration rate- 0.97/1000

+Migration rate- 0.86 /1000

DemographicsDemographics(July 2005 est.)(July 2005 est.)

Life Expectancy:

Overall: 76.02Male: 72.74Female: 79.49

Ethnic Groups:

Czech, Moravian, Slovak, Polish, German, Silesian, Roma, Hungarian

Life Expectancy:

Ethnic Groups:

Hungarian, Roma, German, Serb, Slovak, Romanian

DemographicsDemographics(July 2005 est.)(July 2005 est.)

Life Expectancy:

Ethnic Groups:

Czech, Moravian, Slovak, Polish, German, Silesian, Roma, Hungarian

Life Expectancy:

Ethnic Groups:

Hungarian, Roma, German, Serb, Slovak, Romanian

EconomicEconomic(2004 est.)(2004 est.)

GDP: $149.3 billion

Per Capita: $14,900

Growth Rate: 3.9%

By Sector

Agriculture: 3.3%Industry: 31.4%Services: 65.3%

Inflation Rate: 3.2%

GDP: $172.2 billion

Per Capita: $16,800

Growth Rate: 3.7%

By Sector

GDP: $149.3 billion

Per Capita: $14,900

Growth Rate: 3.9%

By Sector

GDP: $172.2 billion

Per Capita: $16,800

Growth Rate: 3.7%

By Sector

GDP: $149.3 billion

Per Capita: $14,900

Growth Rate: 3.9%

By Sector

GDP: $172.2 billion

Per Capita: $16,800

Growth Rate: 3.7%

By Sector

Economic Economic (contd.)(contd.)(2004 est.)(2004 est.)

Unemployment Rate: 10.6%

BudgetRevenues: $39.31 billion Expenditures: $45.8 billionBalance: -$6.49 billion

Public Debt: 33.5% of GDP

Account Balance: $-5.73 billion

BudgetRevenues: $45.8 billionExpenditures: $51.36 billion Balance: -$5.56 billion

Economic Economic (contd.)(contd.)(2004 est.)(2004 est.)

BudgetRevenues: $39.31 billion Expenditures: $45.8 billionBalance: -$6.49 billion

BudgetRevenues: $45.8 billionExpenditures: $51.36 billion Balance: -$5.56 billion

Inflation Interest rates

Budget deficit

Govt. debt

F/X rate

y-t-y CPI in % p.a., 2003

10Y bonds yield in % p.a., 2003

in % of GDP, 2003

in % of

GDP, 2003

Dispersion from the average rate during last

two years

Required Criterion

2.1 6.1 -3.0 60.0 +/- 15%

Estonia 1.2 2.8 2.6 5.8 0

Czech Republic 1.0 4.5 -12.9 37.6 +8.9

Lithuania -1.3 6.4 -1.7 21.9 0

Slovenia 4.7 5.5 -1.8 27.1 +3.4

Latvia 3.5 7.4 -1.8 15.6 +11.0

Slovakia 9.3 5.0 -3.6 42.8 -6.8

Malta 0.7 4.7 -9.7 72.0 +4.6

Cyprus 2.2 4.8 -6.3 72.2 +1.8

Hungary 5.6 7.6 -5.9 59.0 -8.5

Poland 1.6 6.7 -4.1 45.4 +20.0

Fiscal PolicyFiscal Policy(2004-2006, in millions)(2004-2006, in millions)

•Structural Funds vs. Cohesion Funds

Total Aid: € 2621.19

Cohesion Aid: 936.05

Structural Funds: 1685.14

CAP and FisheriesCAP and Fisheries

•Substantial progress in some areas

•No International Fishery Policies

•Fulfilling CAP policies on the whole

•Capacity for managing fisheries needs to be strengthened.

CAP and FisheriesCAP and Fisheries

•Substantial progress in some areas

•No International Fishery Policies

•Fulfilling CAP policies on the whole

•Capacity for managing fisheries needs to be strengthened

Social PoliciesSocial Policies

Employment and unemployment rate by sex(In age between 15 and 74)

YearEmployment rate Unemployment rate

Men Women Men Women

2000 56.8 43.0 7.0 5.6

2001 57.1 43.1 6.3 5.0

2002 57.1 43.3 6.1 5.4

2003 six months

57.1 43.9 6.5 5.7Source: HCSO

•Women’s unemployment low, Men’s employment slightly higher

•Unemployment low in due to strong economic growth

Social PoliciesSocial Policies

Employment and unemployment rate by sex(In age between 15 and 74)

YearEmployment rate Unemployment rate

Men Women Men Women

2000 56.8 43.0 7.0 5.6

2001 57.1 43.1 6.3 5.0

2002 57.1 43.3 6.1 5.4

2003 six months

57.1 43.9 6.5 5.7Source: HCSO

•Women’s unemployment low, Men’s employment slightly higher

•Unemployment low in due to strong economic growth

Social PoliciesSocial Policies•Historically some of the lowest unemployment rates in EC

•Men’s unemployment rate around 6.5% for both

Social PoliciesSocial Policies•Historically some of the lowest unemployment rates in EC

•Men’s unemployment rate around 6.5% for both

External RelationsExternal Relations

•Anti-expansionist

•NATO

•Trading Partners

•NATO

•Trading Partners

•NATO

•Trading Partners

•NATO

•Trading Partners

•NATO

•Trading Partners

•NATO

•Trading Partners

Hungary & the Czech Republic Kenny Watson May 17, 2005.

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Transcript of Hungary & the Czech Republic Kenny Watson May 17, 2005.