The Portuguese malaise: structural causes of the crisis and lessons for the Eurozone

André Azevedo Alves*

*Autor correspondente para este trabalho

Resultado de pesquisarevisão de pares

4 Citações (Scopus)

Resumo

The analysis of the structural causes of the Portuguese crisis points to a mix of internal and external factors that reinforced each other. Among the external factors were the perverse incentives posed by the current institutional setting in the EU and the single currency. These have wider implications for the eurozone in that the long-term sustainability of the eurozone will require more effective operation of internal adjustment mechanisms. Additionally, the implementation of monetary competition in the eurozone is suggested as an alternative to the current path towards greater centralisation.

Idioma originalEnglish
Páginas (de-até)47-52
Número de páginas6
RevistaEconomic Affairs
Volume31
Número de emissão2
DOIs
Estado da publicaçãoPublicado - 1 jun. 2011
Publicado externamenteSim

Impressão digital

Mergulhe nos tópicos de investigação de “The Portuguese malaise: structural causes of the crisis and lessons for the Eurozone“. Em conjunto formam uma impressão digital única.

Citação