Economic Stabilization and Growth in Portugal /

This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a balan...

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Bibliographic Details
Main Author: Schmitt, Hans
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1981.
Series:Occasional Papers; Occasional Paper ; No. 1981/001
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a balance-of-payments constraint was new to Portugal. The paper reviews the issues that had to be resolved to develop an effective program. The economic outturn is also critically examined in this paper.
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Physical Description:1 online resource (29 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students