discusses four of Braga de Macedo’s pioneering articles and shows how these contributed to our current knowledge of three …

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 …

This chapter provides some brief, informal notes about Portugal’s modern economic history since the 1974 Revolution, as … it looks to an outsider observer. Not to be too coy about it, Portugal has done better than many feared but not quite as … well as many hoped. There is, however, an asymmetry between the good news and the bad news. Portugal can claim much of the …