Portugal : 2012 Article IV Consultation and Sixth Review Under the Extended Arrangement and Request for Waivers of Applicability of End-December Performance Criteria-Staff Reports;.

Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be traced to Portugal's failure to adapt to the rigors of monetary union. With economic institutions, policies, and incentives ill-adapted to the opportunities, Portugal's ex...

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書目詳細資料
企業作者: International Monetary Fund. European Dept
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2013.
叢編:IMF Staff Country Reports; Country Report ; No. 2013/018
在線閱讀:Full text available on IMF
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520 3 |a Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be traced to Portugal's failure to adapt to the rigors of monetary union. With economic institutions, policies, and incentives ill-adapted to the opportunities, Portugal's external stability risks also rose gradually. However, the current account has improved substantially with financial imbalances being corrected across private and public sectors. Fiscal adjustment also made substantial progress, while structural reforms have been progressing. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2013/018 
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