Portugal: Selected Issues
October 11, 2007
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This Selected Issues paper analyzes Portugal’s export performance in 2006 and assesses whether it might augur a sustained recovery. The paper examines the factors underlying the recent export rebound, and searches for signs of fundamental changes in structures of the export industries during the last decade. It highlights the importance of labor market flexibility. Using a four-country version of the IMF Global Economic Model, the paper attempts to illustrate the benefits of labor market reform to help close the competitiveness gap.
Subject: Exports, Income tax systems, International trade, Labor, Labor market flexibility, Labor markets, Personal income tax, Revenue administration, Tax administration core functions, Taxes
Keywords: CR, Eastern Europe, export, export boom, export rebound, Exports, further tax system reform, Global, Income tax systems, ISCR, Labor market flexibility, Labor markets, market share, product, product market reform, rate, Tax administration core functions, VAT rate increase
Pages:
33
Volume:
2007
DOI:
Issue:
342
Series:
Country Report No. 2007/342
Stock No:
1PRTEA2007007
ISBN:
9781451832297
ISSN:
1934-7685
