OECD Economic Surveys [electronic resource] : Portugal - Volume 2003 Issue 2
Development, Organisation for Economic Co-operation and.
Organisation for Economic Co-operation and Development StaffCorporate Author
 : Organisation for Economic Co-operation and Development,
2003.
SPECIAL FEATUREPublic expenditure
Description based upon print version of record.
""Table of contents""; ""Basic Statistics of Portugal""; ""Assessment and recommendations""; ""I. Macroeconomic developments and prospects""; ""Overview""; ""Figure 1.  Macroeconomic performance at a glance""; ""Portugalâ€?s cycle in the European context""; ""Table 1.  Portugal and the euro area: key indicators""; ""Table 2.  Demand and output: recent trends""; ""Economic slowdown deepened in 2002""; ""Household demand is cooling offâ€?""; ""Figure 2.  Contribution to real GDP growth""; ""â€? and both corporate and public investment fell""; ""Figure 3.  Aggregate saving and investment""
""Labour market slack is increasingâ€?""""Table 3.  Labour-market indicators""; ""Table 4.  Wages and labour costs""; ""â€? but inflation remained high""; ""Figure 4.  Inflation developments""; ""A very high external debtor position""; ""Export performance improved, despite the erosion of competitiveness""; ""Figure 5.  Competitiveness indicators and export performance""; ""Table 5.  Change in the trade specialisation""; ""The current account deficit narrowed, but still remains high""; ""Figure 6.  Current and capital account breakdown""
""Financial inflows reflected mainly banksâ€? external borrowing""""Figure 7.  Financial account breakdown""; ""Direct investment inflows remained strong, but their nature has changed""; ""Figure 8.  Direct investment flows""; ""Forces at work and the short-term outlook""; ""Monetary conditions are becoming somewhat more restrictiveâ€?""; ""Figure 9.  Monetary conditions""; ""Figure 10.  Credit to the non-financial private sector""; ""â€? and fiscal imbalances are being corrected""; ""The outlook is for a modest recovery and risks are mainly on the downside""
""Figure 11.  Economic confidence indicators""""Table 6.  Short-term projections""; ""II. Fiscal policy issues""; ""Introduction""; ""Figure 12.  Contributions to fiscal consolidation 1995-2003""; ""Figure 13.  The fiscal policy stance""; ""Disappointing results in 2001""; ""Table 7.  Budget balance in 2001""; ""Table 8.  From the initial 2001 budget to the outturn""; ""Box 1.  Early warning and excessive deficit procedure""; ""The 2002 budget (and supplementary budget): implementation difficulties""; ""Box 2.  The 2002 Supplementary Budget""; ""The 2003 budget: a restrictive stance""
""Table 9.  General government financial accounts""""Medium-term budget strategy""; ""The Stability Programme""; ""Figure 14.  Fiscal targets""; ""Public debt trends and management""; ""Figure 15.  Public debt scenario""; ""Figure 16.  Trends in the debt structure, 1998-2002""; ""Progress with tax reform""; ""Box 3.  Tax policy initiatives""; ""III. The effectiveness of public expenditure in Portugal""; ""Introduction and overview of issues""; ""Pressures on public spending""; ""Primary current spending has been rising rapidly""; ""Figure 17.  Government spending""
""Figure 18.  General government outlays by economic category""
SPECIAL FEATUREPublic expenditure
Industrial policy -- Portugal -- Periodicals.
Portugal -- Economic conditions -- 1974- -- Periodicals.
Portugal -- Economic policy -- Periodicals.
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