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• Provides a diagnostic assessment of recent and ongoing structural and regulatory reforms in Hungary's infrastructure sectors-electricity, oil and gas, and telecommunications;
• Identifies priorities for additional competitive restructuring and regulatory decontrol measures, their expected impacts, and policies designed to minimize the transition costs of deregulation and market liberalization;
• Assesses the progress made toward compliance with the European Union (EU) accession requirements and identify areas that might benefit from special attention to accelerate the transition to a liberalized regime;
• Identifies the major regulatory issues that need to be addressed in the medium term by the Hungarian regulatory agencies and suggest a strategy for addressing these issues.
This volume will be of interest to Bank staff, policymakers, and World Bank client countries.