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In 2011, Portugal was subjected to one of the most stringent austerity packages implemented during the Eurozone crisis …
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Drawing on an analysis of austerity reforms in Greece and Portugal during the sovereign debt crisis from 2009 onwards …, as well as a fundamental transformation of the party system. By contrast, in Portugal, where parties relied less on …
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In this paper the vision of the "Young" and "Elder" Lamfalussy on the origins of instability in capitalist economies will be contrasted. The young Lamfalussy found the origins of instability in medium-term cumulative processes in the real sector of the economy, very much inspired by the vicious...
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