Adjustment within the euro. The difficult case of Portugal

Detalhes bibliográficos
Autor(a) principal: Blanchard, Olivier
Data de Publicação: 2007
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/15543
Resumo: In the second half of the 1990s, the prospect of entry in the euro led to an output boom and large current account deficits in Portugal. Since then, the boom has turned into a slump. Current account deficits are still large, and so are budget deficits. This paper reviews the facts, the likely adjustment in the absence of major policy changes, and examines policy options.
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spelling Adjustment within the euro. The difficult case of PortugalCommon currencyEuroAppreciationDepreciationCompetitivenessCurrent account deficitExpansionRecessionPortugalProductivity growthIn the second half of the 1990s, the prospect of entry in the euro led to an output boom and large current account deficits in Portugal. Since then, the boom has turned into a slump. Current account deficits are still large, and so are budget deficits. This paper reviews the facts, the likely adjustment in the absence of major policy changes, and examines policy options.Springer VerlagRepositório da Universidade de LisboaBlanchard, Olivier2018-06-01T13:39:31Z2007-042007-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15543engBlanchard, Olivier (2007). "Adjustment within the euro. The difficult case of Portugal". Portuguese Economic Journal, 6(1):1-211617-982X (print)10.1007/s10258-006-0015-4info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:45:29Zoai:www.repository.utl.pt:10400.5/15543Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:09.839680Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Adjustment within the euro. The difficult case of Portugal
title Adjustment within the euro. The difficult case of Portugal
spellingShingle Adjustment within the euro. The difficult case of Portugal
Blanchard, Olivier
Common currency
Euro
Appreciation
Depreciation
Competitiveness
Current account deficit
Expansion
Recession
Portugal
Productivity growth
title_short Adjustment within the euro. The difficult case of Portugal
title_full Adjustment within the euro. The difficult case of Portugal
title_fullStr Adjustment within the euro. The difficult case of Portugal
title_full_unstemmed Adjustment within the euro. The difficult case of Portugal
title_sort Adjustment within the euro. The difficult case of Portugal
author Blanchard, Olivier
author_facet Blanchard, Olivier
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Blanchard, Olivier
dc.subject.por.fl_str_mv Common currency
Euro
Appreciation
Depreciation
Competitiveness
Current account deficit
Expansion
Recession
Portugal
Productivity growth
topic Common currency
Euro
Appreciation
Depreciation
Competitiveness
Current account deficit
Expansion
Recession
Portugal
Productivity growth
description In the second half of the 1990s, the prospect of entry in the euro led to an output boom and large current account deficits in Portugal. Since then, the boom has turned into a slump. Current account deficits are still large, and so are budget deficits. This paper reviews the facts, the likely adjustment in the absence of major policy changes, and examines policy options.
publishDate 2007
dc.date.none.fl_str_mv 2007-04
2007-04-01T00:00:00Z
2018-06-01T13:39:31Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/15543
url http://hdl.handle.net/10400.5/15543
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Blanchard, Olivier (2007). "Adjustment within the euro. The difficult case of Portugal". Portuguese Economic Journal, 6(1):1-21
1617-982X (print)
10.1007/s10258-006-0015-4
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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