Suchergebnisse

Cover -- CONTENTS -- ECONOMIC DEVELOPMENTS AND OUTLOOK -- SECURING HIGHER GROWTH AND ADDRESSING UNDERLYING VULNERABILITIES -- A. Fiscal Policy -- B. Financial Sector -- C. Structural reforms -- FINANCING AND POST-PROGRAM MONITORING -- STAFF APPRAISAL -- BOXES -- 1. Non-Bank Financial Institutions in Portugal -- 2. Status of and Prospects for Structural Reforms -- FIGURES -- 1. Recovery Continues, Challenges Remain -- 2. Portugal, Balance of Payments Developments -- 3. Financial Sector Developments -- TABLES -- 1. Selected Economic Indicators, 2012-20 -- 2a. General Government Accounts, 2012-20 (Billions of euros) -- 2b. General Government Accounts, 2012-20 (Percent of GDP) -- 3. Balance of Payments, 2012-20 -- 4. Selected Financial Indicators of the Banking System, 2008-2015 -- 5. Monetary Survey, 2012-20 -- 6. External Debt Sustainability Framework, 2010-2020 -- 7. Indicators of Fund Credit, 2011-20 -- 8. General Government Financing Requirements and Sources, 2014-20 -- 9. External Financing Requirements and Sources, 2014-20 -- ANNEX -- I. Public Debt Sustainability Analysis (DSA).

Provides an overview of politics in Portugal in 1999, highlighting election results & prominent issues. 4 Tables, 9 References.

Cover -- CONTENTS -- FINANCIAL CONDITIONS AND GROWTH AT RISK IN PORTUGAL -- A. Introduction -- B. Macro-Financial Environment in Portugal -- C. Measuring Financial Conditions -- D. Estimating Risks to GDP Growth -- E. Policy Implications and Conclusion -- FIGURES -- 1. Macro-Financial Developments -- 2. Partitioned Financial Indicators 1999-2018 -- 3. Quantile Regressions Coefficients -- 4. Probability Densities of GDP Growth Four and Eight Quarters Ahead -- TABLE -- 1. Partition Groups -- ANNEX -- I. Data Sources -- References -- PRIVATE INVESTMENT -- A. Introduction -- B. Investment and Capital: From Crisis to Recovery -- C. Business Investment: Drivers Supporting the Recovery -- D. Investment and Medium-Term Growth: Structural Bottlenecks -- E. Policy Implications -- FIGURE -- 1. Structural Reform Gaps -- ANNEX -- I. Alternative Specifications -- References -- TRENDS IN TOTAL PUBLIC INVESTMENT AND CAPITAL STOCK -- FIGURES -- 1. Public Investment: Portugal vs. Other Countries -- 2. Current Spending vs. Capital Spending -- 3. Capital Stock Ratio -- 4. Public-Private Partnerships Investment and Capital Stock -- 5. Public Investment by Function in 2015 -- 6. Indicators of Infrastructure Quality and Quantity -- 7. Indicators of Public Investment Efficiency in 2015 -- References -- DELEVERAGING AND PROFIT MARGINS IN PORTUGAL -- A. Introduction -- B. Deleveraging in Portugal -- C. Profit Margins and Unit Labor Costs in Portugal -- D. Concluding Remarks -- FIGURES -- 1. Deleveraging in the Economy -- 2. Stability of Long Run Coefficients: Cumulative Sum (CUSUM) Test -- 3. Stability of Long Run Coefficients: Cumulative Squares (CUSUMSQ) Test -- TABLE -- 1. ARDL Bounds Testing Approach to Cointegration -- ANNEXES -- I. The Determinants of Profit Margins -- II. Unit Root, Granger Causality, and F- and t-Bound Tests -- References.

THIS ARTICLE EXAMINES THE 1989 EUROPEAN ELECTIONS IN PORTUGAL, WHICH HAS BEEN A MEMBER OF THE EC FOR A SHORT TIME ONLY. IT PROVIDES A CRITIQUE OF PUBLIC REPRESENTATIVES AND THE MEDIA WITH THEIR PREFERENCE TO BOMBARD VOTERS WITH SLOGANS, RATHER THAN ENCOURAGE AN INTELLIGENT DEBATE ABOUT THE IMPLICATIONS OF EC MEMBERSHIP FOR A FRAGILE PROTECTED ECONOMY, THE ARTICLE EXPLORES ELECTORAL ALLIANCES AND LOW TURNOUT.

During 2004, Portugal reversed the tendency of slow wind capacity growth observed in previous years. The publication of legislation and tariffs at the end of 2001 and subsequent government simplifi cation of administrative processes concerning the implementation of renewable energy projects resulted in nearly doubled capacity in Portugal during 2004. In the following sections, a summary of the events of the year is presented with a main focus on the current state of development and trends.

EXECUTIVE SUMMARYThe short-term outlook has improved and program implementation remains on track, notwithstanding another adverse Constitutional Court ruling. Stronger domestic demand is supporting a pick-up in activity and lower unemployment. A broad-based recovery in sentiment has led to a decline in yields, allowing Portugal to issue a 5-year bond on favorable terms. The end-September 2013 quantitative PCs were met, and preliminary estimates suggest that the end-December 2013 targets were also met. The authorities are also implementing prior actions to safeguard the 2014 fiscal deficit targ

Analyzes election results and cabinet changes in Portugal during 2004. Tables, References.

Provides an overview of politics in Portugal in 2000, highlighting election results & national issues. 2 Tables, 5 References. Adapted from the source document.

In the past decades, Portugal has had little development of wind power plant installations, mainly due to the low tariffs practised. However, at the end of 2001, the scenario changed with the publication of new legislation and tariffs. By 2003, that change became reflected in the implementation of new wind park projects and a strong increase in the development rate of capacity installed. In the following sections, a synthesis of the past as well as a summary of the current situation is presented with a main focus on the Portuguese current state of development and trends.