Analysis of the intensifying economic relationsbetween Hungary and the European Union

Absztrakt

The connections between Hungary and the European Union (and its predecessors) have had quite a long history. Hungary has now been a member state of European integration for a decade and a half, and the decade and a half preceding the accession was spent establishing and strengthening the relations as well as pursuing accession negotiations. The objective of this study is not to describe and analyse the official stages of integration but to present the types of social, economic and political steps and tendencies which characterised the connections of the two parties in the period under consideration. Of course, where appropriate, there are references in the study to official political documentation but we focus more on the longer-term tendencies. Regarding the methodology of the study it is important to highlight that secondary data was analysed for the work. The key was to identify relative positions of Hungary and to analyse the deviations from the average rates of general macroeconomic indicators and foreign trade and capital flow data of the countries in question.