Adjustment within the euro. The difficult case of Portugal
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 adjust...
| Main Author: | |
|---|---|
| Format: | article |
| Language: | eng |
| Published: |
2018
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.5/15543 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/15543 |