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Portuguese West Coast tourism resorts: an unfinished landscape of territorial liabilities

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  • Célia Sousa Martins
  • Cristina Soares Cavaco

Abstract

The research focuses on Portuguese West Coast tourism resorts and addresses the problem of unfinished estates as territorial liabilities left by the Global Financial Crisis on residential tourism and tourism-driven urbanization. After a significant expansion during the golden age, resorts have suffered drastic consequences under the crisis, financial imbalance and stagnation of the real estate market. This situation brings additional problems to land management and adequate responses have not been provided yet. Focusing on the municipality of Óbidos, this paper aims to describe the territorial changes induced by the development of resorts, criss-crossing a morphological analysis with the understanding of the context of the Global Financial Crisis and the assessment of the regulatory framework.

Suggested Citation

  • Célia Sousa Martins & Cristina Soares Cavaco, 2018. "Portuguese West Coast tourism resorts: an unfinished landscape of territorial liabilities," European Planning Studies, Taylor & Francis Journals, vol. 26(1), pages 94-114, January.
    • Handle: RePEc:taf:eurpls:v:26:y:2018:i:1:p:94-114
    DOI: 10.1080/09654313.2017.1384450
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    References listed on IDEAS

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    1. Michael Hudson, 2010. "The Transition from Industrial Capitalism to a Financialized Bubble Economy," Economics Working Paper Archive wp_627, Levy Economics Institute.
    2. Paulo T. Pereira, & Lara Wemans,, 2012. "Portugal and the Global Financial Crisis – short-sighted politics, deteriorating public finances and the bailout imperative," Working Papers Department of Economics 2012/26, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
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