Introduction -- Corporate balance sheets and investment : empirical estimates for Portugal and other EU countries -- The impact of EU enlargement on Portuguese trade -- Pension reform issues in Portugal
Summary
This Selected Issues paper of Portugal highlights the discussions on the requirement of policies to overcome structural and cyclical impediments to growth, and secure fiscal consolidation. It analyzes the strength of the company balance sheets in supporting the rebound from recession, and also the links between corporate balance sheet strength and investment. It reviews the challenges in the Portuguese economy, the impact of European Union enlargement on Portuguese trade, the pension prospects, and the implications of various policy reform scenarios
Notes
"March 2004"--Cover
"Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country."