| Author (Person) | Coutinho, Leonor |
|---|---|
| Publisher | Centre for European Policy Studies [CEPS] |
| Series Title | CEPS Commentary |
| Series Details | 12 April 2013 |
| Publication Date | 12/04/2013 |
| Content Type | Journal | Series | Blog |
|
Abstract: Faced with limited options for coming up with the funds needed to pay off the next instalment on its bailout loan, Portugal is advised in this Commentary by economist Leonor Coutinho to trim the number of public sector employees, in combination with an increase in public sector working hours, among the lowest in Europe. In her view, these measures will have the best long-term implications both in terms of fiscal sustainability and of labour productivity, and may finally allow the country to resume the catching-up process that has been stalled since the start of EMU. |
|
| Source Link | Link to Main Source http://aei.pitt.edu/41607/1/LC_Portugal_(1).pdf |
| Countries / Regions | Europe, Portugal |
