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 …

liberalization and adhesion to the European Union. However, even today, these economies, and in particular Portugal, do not rival … barriers than Portugal and that the gap has been increasing since the establishment of the European Single Market. The last …