Portugal: Selected Issues and Statistical Appendix

International Monetary Fund

No 1996/129, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix examines Portugal’s real convergence experience, and highlights the growth payoff of reform policies in determining the country’s rapid growth during most of the past decade. The paper identifies potential areas for reform by examining developments in the unemployment–vacancy relationship since the early 1980s. The paper highlights that an issue for Portugal as a prospective European Monetary Union member is that of the strength of its financial links with Spain. The paper also examines such linkages as derived from daily data on short-term interest rates.

Keywords: ISCR; CR; Portugal; vis-à-vis Germany; government Treasury bill rate; policy reform; MCI formula; Euro-deposit rate; Unemployment; Inflation; Labor markets; Short term interest rates; Unemployment benefits; Europe (search for similar items in EconPapers)
Pages: 115
Date: 1996-12-16
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=1737 (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:imf:imfscr:1996/129

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().