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OECD's 1991 Economic Survey of Portugal examines recent economic trends, medium-term adjustment, economic policies and short-term outlook and tax reform: reducing disincentives and inequities.
Tables des matières:
Introduction I. Recent trends -Overview -Demand and output -Labour market developments -Renewed wage and price inflation -International trade and finance II. Medium-term adjustment: strategies and problems -Historical background -Fiscal consolidation and debt financing -Successive adjustment programmes -Progress in structural reform III. Economic policies and short-term outlook -Budgetary developments -Monetary and exchange-rate policies -Prospects for 1991 and 1992 -Strong exposure to oil-price shocks IV. Tax reform: reducing disincentives and inequities -Historical background and guidelines for reform The implementation of tax reform -Some special issues -General assessment of tax reform V. Conclusions Notes and references Annexes -I. Technical note -II. Chronology of economic events -III. The privatisation process Statistical and Structural Annex