Introduction to Hungary

Gilad James, PhD

Gilad James Mystery School

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Hungary is a landlocked country located in Central Europe with a population of approximately 9.8 million people. The capital of Hungary is Budapest, which is considered one of the most beautiful cities in Europe. Hungary is also known for its diverse cultural identity, from the traditional folk culture to a more modern and contemporary cultural scene. Hungary is considered to have a high-income mixed economy with a strong focus on exports. The country has a unique business culture that values long-term relationships and mutual trust. The Hungarian government has implemented various reforms to improve its economic conditions such as taxation, reducing bureaucracy, and improving the education system. Hungary's strategic location in Europe makes it an ideal gateway to reach Eastern and Central Europe. The transportation and logistics sector plays a crucial role in Hungary's economy, and its quality infrastructure facilitates international trade.