Portugal: Selected Issues
International Monetary Fund
No 2015/127, IMF Staff Country Reports from 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.
Keywords: ISCR; CR; DVA export; Portugal; export; Portugal's growth challenge; banco de Portugal; IMF staff calculation; gross export; Labor markets; Structural reforms; Global; Southern Europe (search for similar items in EconPapers)
Pages: 122
Date: 2015-05-18
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2015/127
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