The Economy of Hungary
Demography, Emigration and Family Policy
Hungary's population is shrinking, prompting generous tax breaks and loans for families, though emigration of young workers remains an issue.
Fewer people, more policy.
Decline
The population has fallen by around a million since 1990.
Incentives
Tax exemptions for mothers, cheap loans and housing subsidies for larger families.
Emigration
Many young Hungarians work in Western Europe.
Results
Fertility has changed little, and critics question the cost-effectiveness.
A family loan
A couple gets a subsidised loan that is partly forgiven as they have children.
Assuming cash incentives quickly change birth rates
Effects are modest.
Key takeaways
- The population is shrinking.
- Family benefits are generous.
- Emigration continues.
- Results are debated.
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