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When the 1987 general elections brought a durable government to Portugal, the national environment was still …
Persistent link: https://www.econbiz.de/10005123635
This paper reviews the traditional ambiguity of Portuguese policy towards external liberalization. Product and labour markets have become segmented as a result of the soft budget constraint faced by large corporations and job protection in the public sector. Relaxation of entry requirements into...
Persistent link: https://www.econbiz.de/10005281308
two "integration episodes", the development of an economic union between Portugal and its African colonies and the … establishment of democratic socialism since then. The paper contrasts the recent economic experience of Portugal with its neighbour … Spain. The view that EC membership is desirable because it ensures Portugal against dictatorship is also examined and …
Persistent link: https://www.econbiz.de/10005792495