Portugal; Selected Issues
This Selected Issues paper of Portugal highlights the discussions on the requirement of policies to overcome structural and cyclical impediments to growth, and secure fiscal consolidation. It analyzes the strength of the company balance sheets in supporting the rebound from recession, and also the links between corporate balance sheet strength and investment. It reviews the challenges in the Portuguese economy, the impact of European Union enlargement on Portuguese trade, the pension prospects, and the implications of various policy reform scenarios.
Year of publication: |
2004-03-22
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultations | Economic conditions | Selected issues | cost of capital | capital ratio | stock market | standard deviation | statistics | standard errors | correlation | capital market | equation | equity ratio | equations | capital markets | autocorrelation | dummy variable | short term debt | samples | capital market imperfections | statistical significance | equity prices | covariance | prediction | time series | estimation of equation | capital market theory | financial statistics | instrumental variables | statistically significant effect | significance level | expansion of trade | indexation |
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