This paper starts with discussion about enhanced and frequently used conceptions of free markets, market failures and market primacy. There are pointed some simplifications due to the man should be prospective while using them, especially in applied economics. We have no positive definition of a...

O sector público desempenha importantes tarefas de afectação e de redistribuição de recursos na sociedade. Mas, a promoção da eficiência, da equidade e do estímulo ao crescimento e à estabilidade, são as suas grandes linhas gerais de orientação, as quais orientam-se para a...

This paper tests the convergence hypothesis across the EU NUTS II regions between 1990 and 2001. It does that using the test of dispersion and estimating “Barro-type” regressions that relate economic growth to the initial income and other variables. It identifies the causes that can explain...