Export-driven adjustment in Portugal

Author (Person) ,
Series Title
Series Details Vol.49, No.3, May-June 2014
Publication Date May 2014
ISSN 0020-5346
Content Type

Macroeconomic imbalances in the eurozone have decreased significantly since the beginning of the financial and economic crisis. In Portugal, the economic adjustment process is strongly being driven by growth in export activity. The recent improvement in price competitiveness has supported the positive export trend. However, there are structural challenges that limit the potential for growth in the tradable sector. To ensure that the adjustment process is sustainable, it needs to be backed up by targeted structural reforms.

This article aims to contribute to the discussion about the reduction of macroeconomic imbalances in the eurozone by analysing the determinants of export growth in Portugal and the role played by the adjustment policies contained in the macroeconomic programme.

[Full text of articles can be found in the Intereconomics Archive two years after the initial publication]

Related Links
Intereconomics: Archive http://archive.intereconomics.eu/years/

Countries / Regions