From Crisis to Convergence : Charting a Course for Portugal

Author/Editor:

Dmitry Gershenson ; Albert Jaeger ; Subir Lall

Publication Date:

March 25, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In 2011, following years of large-scale external imbalances financed by debt, Portugal’s economy reached a crisis point. To restore economic growth and credibility with international lenders, the country embarked on a difficult path of fiscal adjustment and structural reforms. By many metrics, Portugal’s 2011–14 macroeconomic stabilization program has been a success, but going forward Portugal would benefit from policies to reduce vulnerabilities, absorb labor slack, and generate sustainable growth.

Series:

Departmental Paper No. 16/04

Subject:

English

Publication Date:

March 25, 2016

ISBN/ISSN:

9781513597225/

Stock No:

FCCEA

Price:

$25.00 (Academic Rate:$25.00)

Format:

Paper

Pages:

118

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