Internal devaluation and the Portuguese Debt-to-GDP ratio
With the entering into the euro, Portugal was able to benefit from very low interest rates, which led to a burst of borrowing either from public and private agents. Alongside this, there was the slowing down of the Portuguese PIB and deep increase in its public debtto- GDP ratio, leading the country...
Main Author: | |
---|---|
Format: | masterThesis |
Language: | eng |
Published: |
2015
|
Subjects: | |
Online Access: | http://hdl.handle.net/10071/10235 |
Country: | Portugal |
Oai: | oai:repositorio.iscte-iul.pt:10071/10235 |