Portugal : Recent Economic Developments.

This paper reviews economic developments in Portugal-Macau during 1997-99. It highlights the way in which Macau's economic development evolved over the years. The paper discusses developments in prices, wages, and employment, and sheds light on how the product and labor markets adjusted to exte...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
Colecção:IMF Staff Country Reports; Country Report ; No. 1999/041
Acesso em linha:Full text available on IMF
Descrição
Resumo:This paper reviews economic developments in Portugal-Macau during 1997-99. It highlights the way in which Macau's economic development evolved over the years. The paper discusses developments in prices, wages, and employment, and sheds light on how the product and labor markets adjusted to external shocks-in particular to the Asian crisis as well as the increased competition faced by the economy in recent years (1997-99). The paper also reviews the budgetary process and budgetary developments and highlights structural problems that are inherent in the fiscal system.
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Descrição Física:1 online resource (68 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students