Showing 1 - 10 of 14
We assess the sustainability of the public finances of Greece, Ireland, Italy, Portugal and Spain (GIIPS), allowing for …
Persistent link: https://www.econbiz.de/10009307965
threshold behaviour for the GIPS, that only correct "large" unbalances, which, in the case of Greece and Portugal, are higher …
Persistent link: https://www.econbiz.de/10009683459
results suggest that fiscal consolidation efforts must, in fact, be continued in Portugal. …
Persistent link: https://www.econbiz.de/10002577982
projection model for the Euro Area (aggregate data), Germany, Italy, and Portugal, we analyze the interaction between both …
Persistent link: https://www.econbiz.de/10014313459
We assess the drivers of fiscal sustainability in Portugal during the period 1999Q4-2021Q4. We resort to expanding … the debt-to-GDP ratio. Our results show the prevalence of a Ricardian fiscal regime in Portugal. If the (i-g) differential … financial assistance program to Portugal, between 2011Q2 and 2014Q2. …
Persistent link: https://www.econbiz.de/10014391313
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
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
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
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