From Crisis to Convergence

From Crisis to Convergence : Charting a Course for Portugal

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In 2011, following years of large-scale external imbalances financed by dept, 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 stabilisation programme has been a success, but going forward Portugal would benefit from policies to reduce vulnerabilities, absorb labour slack, and generate sustainable more

Product details

  • Paperback | 118 pages
  • 152 x 280mm
  • International Monetary Fund (IMF)
  • Washington, DC, United States
  • English
  • 1513597221
  • 9781513597225