Just like Hungary, all other countries in the region are facing problems of short-term economic vulnerability, Iryna Ivaschenko, head of the Budapest representation of the International Monetary Fund, said in a lecture delivered at the University of Debrecen (E) on Friday.
Ivaschenko said that economic growth in the long run could be improved by increased borrowing activities and capital imports.
Ivaschenko also predicted sharp competition among the Central European countries for foreign direct investment, a competition to be won by countries that have the best growth forecasts and offer the most attractive conditions to foreign investors.
Ivaschenko declined to answer questions about negotiations between Hungary and the IMF, saying that the details of cooperation between the parties were still under elaboration.
Just like Hungary, all other countries in the region are facing problems of short-term economic vulnerability, Iryna Ivaschenko, head of the Budapest representation of the International Monetary Fund, said in a lecture delivered at the University of Debrecen (E) on Friday.
Ivaschenko said that economic growth in the long run could be improved by increased borrowing activities and capital imports.
Ivaschenko also predicted sharp competition among the Central European countries for foreign direct investment, a competition to be won by countries that have the best growth forecasts and offer the most attractive conditions to foreign investors.
Ivaschenko declined to answer questions about negotiations between Hungary and the IMF, saying that the details of cooperation between the parties were still under elaboration.
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