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Portugal: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes Portugal’s export performance in 2006 and assesses whether it might augur a sustained recovery. The paper examines the factors underlying the recent export rebound, and searches for signs of fundamental changes in structures of the export industries during the last decade. It highlights the importance of labor market flexibility. Using a four-country version of the IMF Global Economic Model, the paper attempts to illustrate the benefits of labor market reform to help close the competitiveness gap.

Suggested Citation

  • International Monetary Fund, 2007. "Portugal: Selected Issues," IMF Staff Country Reports 2007/342, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/342
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    6. Laxton, Douglas & Pesenti, Paolo, 2003. "Monetary rules for small, open, emerging economies," Journal of Monetary Economics, Elsevier, vol. 50(5), pages 1109-1146, July.
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