IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2015-127.html
   My bibliography  Save this paper

Portugal: Selected Issues

Author

Listed:
  • International Monetary Fund

Abstract

This Selected Issues paper takes stock of structural reforms in Portugal from a firm-level perspective. Structural reforms were the main available policy tool to mend Portugal’s accumulated imbalances. Portugal’s macroeconomic toolbox was severely constrained by monetary union membership and spillover considerations. This paper discusses what structural reforms were supposed to achieve at the firm level. It documents a few stylized facts about Portuguese firms and describes the structural reform agenda. The paper also reports the results of a firm survey on the perceived effectiveness of the structural reforms.

Suggested Citation

  • International Monetary Fund, 2015. "Portugal: Selected Issues," IMF Staff Country Reports 2015/127, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/127
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=42937
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Andrei A. Levchenko, 2013. "International Trade and Institutional Change," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 29(5), pages 1145-1181, October.
    2. João Amador & Carlos Coimbra, 2007. "Characteristics of the Portuguese Economic Growth: What has been Missing?," Working Papers w200708, Banco de Portugal, Economics and Research Department.
    3. Allan Drazen & William Easterly, 2001. "Do Crises Induce Reform? Simple Empirical Tests of Conventional Wisdom," Economics and Politics, Wiley Blackwell, vol. 13(2), pages 129-157, July.
    4. Carlos Robalo Marques & Daniel Dias & Christine Richmond, 2014. "Resource allocation, productivity and growth in Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    5. Daron Acemoglu & James A. Robinson, 2008. "Persistence of Power, Elites, and Institutions," American Economic Review, American Economic Association, vol. 98(1), pages 267-293, March.
    6. Rahul MUKHERJI, 2008. "The Political Economy of India's Economic Reforms," Asian Economic Policy Review, Japan Center for Economic Research, vol. 3(2), pages 315-331, December.
    7. Ana Cristina Soares & João Amador, 2012. "Competition in the Portuguese Economy:An overview of classical indicators," Working Papers w201208, Banco de Portugal, Economics and Research Department.
    8. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    9. Álvaro Pina & Ildeberta Abreu, 2012. "Portugal: Rebalancing the Economy and Returning to Growth Through Job Creation and Better Capital Allocation," OECD Economics Department Working Papers 994, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Roch, Francisco & Uhlig, Harald, 2018. "The dynamics of sovereign debt crises and bailouts," Journal of International Economics, Elsevier, vol. 114(C), pages 1-13.
    2. Ana Fontoura Gouveia & Filipa Canas, 2016. "Reallocation of Resources between Tradable and Non-Tradable Sectors in Portugal: Developing a new Identification Strategy for the Tradable Sector," GEE Papers 0060, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Feb 2016.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pi, Jiancai & Fan, Yanwei, 2021. "Institutional change and wage inequality," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 440-452.
    2. Do, Quy-Toan & Levchenko, Andrei A., 2009. "Trade, inequality, and the political economy of institutions," Journal of Economic Theory, Elsevier, vol. 144(4), pages 1489-1520, July.
    3. Gawel, Erik & Lehmann, Paul & Strunz, Sebastian & Heuson, Clemens, 2018. "Public Choice barriers to efficient climate adaptation – theoretical insights and lessons learned from German flood disasters," Journal of Institutional Economics, Cambridge University Press, vol. 14(3), pages 473-499, June.
    4. Masuch, Klaus & Anderton, Robert & Setzer, Ralph & Benalal, Nicholai, 2018. "Structural policies in the euro area," Occasional Paper Series 210, European Central Bank.
    5. repec:elg:eechap:15325_15 is not listed on IDEAS
    6. Theo Eicher & Cecilia García-Peñalosa & Tanguy Ypersele, 2009. "Education, corruption, and the distribution of income," Journal of Economic Growth, Springer, vol. 14(3), pages 205-231, September.
    7. Randall G. Holcombe, 2018. "Checks and Balances: Enforcing Constitutional Constraints," Economies, MDPI, vol. 6(4), pages 1-12, October.
    8. Rainer Haselmann & David Schoenherr & Vikrant Vig, 2018. "Rent Seeking in Elite Networks," Journal of Political Economy, University of Chicago Press, vol. 126(4), pages 1638-1690.
    9. Krieger, Tim & Meierrieks, Daniel, 2016. "Political capitalism: The interaction between income inequality, economic freedom and democracy," European Journal of Political Economy, Elsevier, vol. 45(C), pages 115-132.
    10. Saka, Orkun & Ji, Yuemei & De Grauwe, Paul, 2020. "Financial policymaking after crises: public vs. private interests," LSE Research Online Documents on Economics 118861, London School of Economics and Political Science, LSE Library.
    11. Hagen, Rune Jansen, 2014. "Rents and the Political Economy of Development Aid," Working Papers in Economics 07/14, University of Bergen, Department of Economics.
    12. Mark Koyama, 2010. "The political economy of expulsion: the regulation of Jewish moneylending in medieval England," Constitutional Political Economy, Springer, vol. 21(4), pages 374-406, December.
    13. Thomas Gall & Paolo Masella, 2012. "Markets and jungles," Journal of Economic Growth, Springer, vol. 17(2), pages 103-141, June.
    14. repec:zbw:bofitp:2021_010 is not listed on IDEAS
    15. Hanan G. Jacoby & Ghazala Mansuri, 2018. "Governing the Commons? Water and Power in Pakistan’s Indus Basin," Working Papers id:12933, eSocialSciences.
    16. Harald Badinger & Elisabeth Nindl, 2012. "Globalization, Inequality, and Corruption," Department of Economics Working Papers wuwp139, Vienna University of Economics and Business, Department of Economics.
    17. Orkun Saka & Yuemei Ji & Paul De Grauwe, 2021. "Financial Policymaking after Crises: Public vs. Private Interests," CESifo Working Paper Series 9131, CESifo.
    18. Saka, Orkun & Ji, Yuemei & De Grauwe, Paul, 2021. "Financial policymaking after crises : Public vs. private interests," BOFIT Discussion Papers 10/2021, Bank of Finland, Institute for Economies in Transition.
    19. Saka, Orkun & Ji, Yuemei & De Grauwe, Paul, 2021. "Financial policymaking after crises: Public vs. private interests," BOFIT Discussion Papers 10/2021, Bank of Finland Institute for Emerging Economies (BOFIT).
    20. De Grauwe, Paul & Saka, Orkun & Ji, Yuemei, 2020. "Financial Policymaking after Crises: Public vs. Private Interest," CEPR Discussion Papers 15413, C.E.P.R. Discussion Papers.
    21. Weck-Hannemann, Hannelore, 1989. "Protectionism in direct democracy," Discussion Papers, Series II 79, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    22. P. D. Jonson, 1979. "The State of Australian Economics: Stabilization and Industry Policies: A review article stimulated by F. H. Gruen (ed.), Surveys of Australian Economics, Volume 1," The Economic Record, The Economic Society of Australia, vol. 55(4), pages 297-305, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2015/127. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.