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  • 1
    Online Resource
    Online Resource
    Washington, D.C. :International Monetary Fund,
    UID:
    edocfu_9958070787002883
    Format: 1 online resource (60 p.)
    ISBN: 1-4552-5806-7 , 1-4527-6252-X , 1-280-92007-6 , 1-4519-9211-4 , 9786613742254
    Series Statement: IMF Staff Country Reports
    Content: Portugal’s 2008 Article IV Consultation highlights that Portugal’s financial system remains sound and well supervised. Portugal has accumulated substantial macroeconomic imbalances, and the policy challenge is to smooth the adjustment, containing domestic demand while increasing productivity and flexibility, thus rebalancing growth to the external sector. The weaker global conditions should thus be taken as a reason to strengthen efforts to reignite the stalled convergence process and continue fiscal consolidation and reform.
    Note: Description based upon print version of record. , Cover; Contents; I. Staff Appraisal and Executive Summary; II. Context: Global Headwinds Buffet the Recovery; Figures; 1; III. Outlook and Risks: Domestic Imbalances Aggravated by Global Tensions; Boxes; 1. Portugal: Growth Spillovers; 2; IV. The Policy Agenda: Promoting Adjustment and Growth; A. Challenge 1: Achieving Fiscal Soundness; B. Challenge 2: Ensuring Financial Stability; C. Challenge 3: Enhancing Growth and Competitivess; 3; 2. Is Portugal Gaining Competitiveness by Restructuring?; Tables; 1. Selected Economic Indicators, 2003-09; 2. Balance of Payments, 2002-13 , 3. General Government Accounts, 2004-134. Medium-Term Scenario; 5. Selected Financial Indicators of the Banking System, 2000-07; 6. Indicators of External and Financial Vulnerability, 2001-07; 7. External Debt Sustainability Framework, 2003-13; 8. Status of Implementation of FSAP Main Recommendations; 9. Fund Policy Recommendations and Implementation; Contents; Appendixes; I. Fund Relations; II. Statistical Issues; Statement by the Staff Representative on Portugal; IMF Executive Board Concludes 2008 Article IV Consultation with Portugal; Background; Executive Board Assessment , Portugal: Selected Economic Indicators, 2003-09Statement by Arrigo Sadun, Executive Director for Portugal and José Cardoso, Advisor to Executive Director; 1. Introduction; 2. Economic Overview; 2.1 Recent Developments; 2.2 Future Prospects; 3. Fiscal Policy; 4. Structural Reforms: Labor Market, Productivity and Competitiveness; 5. Financial System , English
    Additional Edition: ISBN 1-4518-3230-3
    Language: English
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