Showing 1 - 10 of 15
Denmark’s flexicurity model has performed well during the crisis. The actions and the improvement in economic conditions have restored overall stability to the banking system. Private consumption has been dented by the decline in housing prices and net household wealth. Exports have...
Persistent link: https://www.econbiz.de/10011244600
"The economies of small developing states tend to be more fragile than those of large ones. This paper examines this issue in a dynamic context by focusing on the impact of the brain drain on North-South trade-related technology diffusion and total factor productivity growth in small and large...
Persistent link: https://www.econbiz.de/10011394122
The three year Fund-supported program that expired at end-June 2014 succeeded in stabilizing Portugal’s economy and restoring access to sovereign debt markets. Following the deep downturn of 2011–12, the economy has expanded in six of the last seven quarters, albeit at a moderate...
Persistent link: https://www.econbiz.de/10011244546
This paper discusses Portugal’s Tenth Review Under the Extended Arrangement. The short-term outlook has improved and program implementation remains on track, notwithstanding another adverse Constitutional Court ruling. Stronger domestic demand is supporting a pick-up in activity and lower...
Persistent link: https://www.econbiz.de/10011245368
Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be …
Persistent link: https://www.econbiz.de/10011245713
Portugal's program implementation is on track despite difficult economic conditions and significant legal challenges …
Persistent link: https://www.econbiz.de/10011242946
This paper discusses Portugal’s Eighth and Ninth Reviews Under the Extended Arrangement and Request for Waivers of Applicability of end-September Performance Criteria (PC). Program implementation has remained broadly on track, in spite of a political crisis and significant legal...
Persistent link: https://www.econbiz.de/10011243135
This Eleventh Review Under the Extended Arrangement and Request for Extension of the Arrangement focuses on Portugal’s macroeconomic framework and fiscal policy. Sovereign bond yields have declined sharply, buoyed by the improved economic outlook and increased investor appetite for higher...
Persistent link: https://www.econbiz.de/10011243430
September 11, 2012, with the officials of Portugal on economic developments and policies. Based on information available at the …
Persistent link: https://www.econbiz.de/10011243945
the empirical relationship between economic development and (1) inside-the-frontier-innovation as reflected by the …-the-frontier innovation as reflected in patents. The data suggest, unsurprisingly, that inside-the-frontier innovation is more common among … changes in the industrial composition of exports. The authors use a simple model of innovation and imitation to test the …
Persistent link: https://www.econbiz.de/10010522188