public and corporate sectors, and high external debt. Portugal is benefiting from favorable cyclical tailwinds, but growth is …

This paper presents Portugal’s third review under the extended arrangement and request for waiver of applicability of …

Portugal’s economic adjustment has continued, but the contraction in output has been milder than expected. The 2012 …

Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be … traced to Portugal’s failure to adapt to the rigors of monetary union. With economic institutions, policies, and incentives … ill-adapted to the opportunities, Portugal’s external stability risks also rose gradually. However, the current account …

This paper discusses findings of the fourth review under an Extended Fund Facility Arrangement with Portugal. One year …