IDEAS home Printed from https://ideas.repec.org/p/ise/gheswp/wp031996.html
   My bibliography  Save this paper

The Advent of Modern Economics in Portugal

Author

Listed:
  • Carlos Bastien

Abstract

As far as economic theory is concerned Portugal has never had a strong tradition or originality. As a semi-peripherial society it has been a late receiver of innovations come out from the main producer centres of economic ideas, often in a partial, ill digested way, adapting them to the local conditions. The post World War II years would be a crutial period in that process of import and adaptation. Then, the ruling classes became particularly aware of Portugal’s economic backwardness and a strategy to achieve economic growth and modernization was implemented, while an inevitable larger integration in the world economy and cultural life took place. Such an enviroment demanded a larger concern with economic issues and theories, weaken the position of corporative economics, which had been dominant since the 1930’s, and allowed a sudden introduction of modern economic theories, namely neoclassical, keynesian, and marxist economics, by then almost unknown. A significant reform of economic teaching, the advent of research institutions and reviews on the subject were decisive to spread the new theories.

Suggested Citation

  • Carlos Bastien, 1996. "The Advent of Modern Economics in Portugal," Working Papers GHES - Office of Economic and Social History 1997/03, ISEG - Lisbon School of Economics and Management, GHES - Social and Economic History Research Unit, Universidade de Lisboa.
  • Handle: RePEc:ise:gheswp:wp031996
    as

    Download full text from publisher

    File URL: https://ghes.rc.iseg.ulisboa.pt/wp/wp031996.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ise:gheswp:wp031996. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Natalia Nobre). General contact details of provider: https://aquila1.iseg.ulisboa.pt/aquila/research/ghes .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.