Despite not being an economic historian, Jorge Braga de Macedo has delved into economic history, with very favorable results. This is illustrated in the current chapter, which analyzes Braga de Macedo’s contribution to the understanding of the Portuguese economy’s transition from...

The institutional environment of Portuguese banking during the Golden Age years of economic growth (1950-1973) has been criticized in many instances, at the time and in recent literature. Direct observers of the period as well as historians have stressed two main aspects of that environment: on...

The two most important international databases with Portuguese GDP per capita and productivity from the 1950s onwards (GGDC and Ameco) offer two contrasting pictures of the evolution of the economy, especially during the slowdown period between 1973 and the mid-1980s. The main problem is the low...