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"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
Portugal’s 2008 Article IV Consultation highlights that Portugal’s financial system remains sound and well supervised …. Portugal has accumulated substantial macroeconomic imbalances, and the policy challenge is to smooth the adjustment, containing …
Persistent link: https://www.econbiz.de/10014403109
Portugal showed impressive economic performance owing to its macroeconomic policies and structural reforms. Executive …
Persistent link: https://www.econbiz.de/10014404489
Important progress can be seen in the economic and policy environment in Portugal, but challenges remain. Firm …
Persistent link: https://www.econbiz.de/10014404766
This 2009 Article IV Consultation highlights that the global economic crisis has severely affected the Portuguese economy. Output will likely contract by almost 3 percent in 2009, driven by sharp falls in exports and investment. Despite a substantial rise in unemployment to nearly 10 percent,...
Persistent link: https://www.econbiz.de/10014406617
This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable … evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but …. Portugal was an outstanding performer with double-digit productivity increases in large several high-tech industries. The …
Persistent link: https://www.econbiz.de/10014406754
The staff report for the 2005 Article IV Consultation on Portugal highlights economic developments and outlook. Private … conditions to restart Portugal’s per capita income convergence toward the euro area average as soon as possible …
Persistent link: https://www.econbiz.de/10014406755
Persistent link: https://www.econbiz.de/10014406992
A range of indicators point to a competitiveness gap of 10–20 percent with respect to euro area competitors. Closing the competitiveness gap will require an extended adjustment period, even with a jump in total factor productivity (TFP) growth and strong wage moderation. This paper reviews...
Persistent link: https://www.econbiz.de/10014407031
This Selected Issues paper of Portugal highlights the discussions on the requirement of policies to overcome structural …
Persistent link: https://www.econbiz.de/10014406095