The performance of the Portuguese economy during the 1980s was conditioned by two main factors: structural changes imposed by the decision to join the European Economic Community and external shocks and short-term fluctuations in the world economy. The first half of the 1980s Portugal’s...

This research aims to critically assess the references to theories of crises and economic cycles that existed in the main textbooks on political economy of Portuguese universities during the first half of the 20th Century, and, as much as possible, categorise their authors into international...

At two different moments (1978-1979 and 1983-1985), Portugal had to call upon the International Monetary Fund (IMF) for financial assistance in order to resolve serious balance of payment crises. In both cases, the terms for the implementation of IMF conditionality were agreed before the...

This paper performs a long-run time series analysis of the behaviour of the income velocity of money in Portugal 1891-1998, and assesses the importance of both macroeconomic and institutional factors in shaping its path. We look for particularities of the Portuguese case in the international...

This paper provides a general view of the evolution of banking in the Portuguese Colonial Empire between the founding of the first Portuguese colonial bank in 1864 and the independence of most Portuguese colonies in 1975. The text summarizes the legal background, presents the banks existing...

This paper tries to make an assessment about the process of formation of Portuguese multinationals during the last quarter of century in the context of similar small emerging European economies. The main question to be addressed is how much Portuguese peculiarities shaped the...

Tomás António da Guarda Cabreira (1865-1918) stood out as an economist and politician thanks to a large and diverse set of publications on economic and financial issues, in addition to his short political activity as a deputy and senator after 1911 and as Minister of Finance from February to...