Title Portugal : 2012 Article IV consultation and sixth review under the extended arrangement and request for waivers of applicability of end-December performance criteria -- staff reports ; public information notice and press release on the Executive Board discussion ; and statement by the Executive Director for Portugal

Published Washington, D.C. : International Monetary Fund, ©2013

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Description 1 online resource (1 volume (various pagings)) : illustrations Series IMF country report ; 13/18 IMF country report ; 13/18. Summary Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be traced to Portugal's failure to adapt to the rigors of monetary union. With economic institutions, policies, and incentives ill-adapted to the opportunities, Portugal's external stability risks also rose gradually. However, the current account has improved substantially with financial imbalances being corrected across private and public sectors. Fiscal adjustment also made substantial progress, while structural reforms have been progressing Notes "January 2013." English Subject Economic development -- Portugal Economic indicators -- Portugal Economic development Economic indicators Portugal Form Electronic book Author International Monetary Fund. ISBN 9781475572506 1475572506 1475564538 9781475564532 1475546920 9781475546927 1299264948 9781299264946

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