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discusses four of Braga de Macedo’s pioneering articles and shows how these contributed to our current knowledge of three …
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paper considers the employment of the LLR function in Portugal during the early post World War I years. It is based on … primary material in the Bank of Portugal's archive. Using a detailed account of the first banking crisis of the early 1920s …, this study shows that the Bank of Portugal did not conform to Bagehot’s archetype and explains why the departure from this …
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political meditation on a bond between Portugal and Rothschild that was not tied. By discussing what was not and what might have … been, the story offers ways to reflect on what Portugal came to be. On September 27, 1823, the Portuguese Minister of … Portugal did not sign) from the date of issue through Goldschmidt's failure (1826) until Portugal's default and the eruption of …
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history, fiscal constitutions, i.e., limits on the fiscal prerogatives of the state, emerged. In Portugal, this manifested …
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This chapter focuses on how the problems of economic development were addressed by the Portuguese historiography of the late nineteenth and twentieth centuries. The ensuing discussion benefits from the simultaneous consideration of two historiographical domains that complement each other:...
Persistent link: https://www.econbiz.de/10012310778
This chapter explores an institutional challenge still facing the European Monetary Union (EMU) after the Eurozone sovereign debt crisis. One of these is the absence of a centralized macroeconomic stabilization function to deal with possible asymmetrical shocks, in addition to the common...
Persistent link: https://www.econbiz.de/10012310788