Portugal’s GDP, a Note on the 2020 Unknowns

Antonio Afonso

No 23, EconPol Policy Brief from ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Abstract: António Afonso (EconPol Europe, Lisbon School of Economics and Management of the Universidade de Lisboa) has estimated the real growth rate of GDP in Portugal in 2020 and predicts a budget deficit of around 3% or 4% of GDP, implying a break and not a fiscal regime switch. Of particular relevance, he says, is private consumption and investment, with households cutting spending significantly and an increase in government spending necessary to cover the lack of domestic demand.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.ifo.de/DocDL/EconPol_Policy_Brief_23_Portugal_GDP_0.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:econpb:_23

Access Statistics for this paper

More papers in EconPol Policy Brief from ifo Institute - Leibniz Institute for Economic Research at the University of Munich Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().