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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 economic adjustment has continued, but the contraction in output has been milder than expected. The 2012 …
Persistent link: https://www.econbiz.de/10014397126
This Selected Issues paper and Statistical Appendix examines Portugal’s real convergence experience, and highlights the …. The paper highlights that an issue for Portugal as a prospective European Monetary Union member is that of the strength of …
Persistent link: https://www.econbiz.de/10014397356
This paper reviews economic developments in Portugal during 1990–95. Economic activity rebounded weakly in 1994 …
Persistent link: https://www.econbiz.de/10014397945
Macroeconomic imbalances are large, and structural problems are deep-rooted in Portugal. The new government’s strong …
Persistent link: https://www.econbiz.de/10014398298
This Selected Issues paper examines the education system and public investment in Portugal. Both areas are generally … considered as critical for Portugal’s prospects for sustaining or accelerating the drive toward real income convergence. Moreover … public investment in Portugal …
Persistent link: https://www.econbiz.de/10014398359
This Selected Issues paper and Statistical Appendix on Portugal attempts to “feel the pulse” of Portugal’s banking … financial liberalization process prior to Portugal’s accession to the European Union and its broadening thereafter …
Persistent link: https://www.econbiz.de/10014398422
This Selected Issues paper on Portugal reviews a set of issues of relevance to the regime change implied by European … Monetary Union participation. It presents an empirical investigation of the business cycle in Portugal. The paper attempts to … autoregression methodology to characterize the monetary transmission mechanism. It also examines some key forces at work in Portugal …
Persistent link: https://www.econbiz.de/10014398918