IMF Staff Country Reports

Portugal: Selected Issues and Statistical Appendix

December 16, 1996

Preview Citation

Format: Chicago

Portugal: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 1996) accessed November 21, 2024

Summary

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.

Subject: Exchange rates, Expenditure, Financial services, Inflation, Labor, Labor markets, Prices, Short term interest rates, Unemployment, Unemployment benefits

Keywords: CR, Euro-deposit rate, Europe, Government Treasury bill rate, Inflation, ISCR, Labor markets, MCI formula, Policy reform, Portugal, Short term interest rates, Unemployment, Unemployment benefits, Vis-à-vis Germany

Publication Details

  • Pages:

    115

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1996/129

  • Stock No:

    1PRTEA0011996

  • ISBN:

    9781451832099

  • ISSN:

    1934-7685

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