EconStor >
Scienpress Ltd, London >
Advances in Management & Applied Economics >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/49026
  
Title:The Portugal situation during the financial crisis PDF Logo
Authors:Lopreite, Milena
Issue Date:2011
Citation:[Journal:] Advances in Management & Applied Economics [ISSN:] 1792-7552 [Volume:] 1 [Year:] 2011 [Issue:] 1 [Pages:] 111-124
Abstract:Today it's frequently used the terms PIGS or PIIGS, acronyms used by economic journalists to refer to different countries of the European Union for their statement of affairs. The bad connotation is evident from the fact that pigs in English suggest the bad state of the economies of these countries. PIGS has been used at the beginning of the years 1990 to indicate four countries of southern Europe: Portugal, Italy, Greece and Spain. Ireland has sometimes been added during the year 2007, so the acronym is modified in PIIGS. Nevertheless, the alarms of BCE about the public accounts of these States it seems to exclude Italy from the group of the countries characterized by very bad statements of affairs. The aim of this work is to analyze especially during the financial crises the situation of the public accounts in Portugal, one of the countries with greater difficulties and probably with the worse condition if we exclude the dramatic Greek case. In Portugal, the economic growth has been superior to the average UE, for big part of the decade 1990-2001, even if the remains under the 75% of the principal European economies' PIL.
Subjects:business
PIL
economic growth
debts
risk
JEL:E32
E60
H60
Document Type:Article
Appears in Collections:Advances in Management & Applied Economics

Files in This Item:
File Description SizeFormat
665793022.pdf113.87 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/49026

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.