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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Schrader, Klaus | en |
dc.contributor.author | Laaser, Claus-Friedrich | en |
dc.date.accessioned | 2012-03-22 | - |
dc.date.accessioned | 2012-03-28T14:53:46Z | - |
dc.date.available | 2012-03-28T14:53:46Z | - |
dc.date.issued | 2012 | - |
dc.identifier.uri | http://hdl.handle.net/10419/56378 | - |
dc.description.abstract | Current economic developments in Portugal do not portend well. The Portuguese GDP is shrinking and the growth forecast for 2012 is gloomy - in the EU only the forecast for Greece is even worse (Figure 1). Moreover, Portugal is now having to pay double-digit interest rates on its bonds, its debt ratio exceeds 100 p.c. of GDP, its unemploy-ment rate is knocking on 15 p.c., and its current account deficit continues to remain high. All of these things not only indicate that Portugal is in a serious economic crisis. They also conjure up parallels to Greece's economic plunge. Thus, it is not surprising that many expect that Portugal will turn into a second Greece. But is this expectation really well founded? We think the answer to this question is no. A careful analysis of the crisis in Portugal shows that it is different from the crisis in Greece. Portugal has a better chance of avoiding economic collapse than Greece. | en |
dc.language.iso | eng | en |
dc.publisher | |aKiel Institute for the World Economy (IfW) |cKiel | en |
dc.relation.ispartofseries | |aKiel Policy Brief |x42 | en |
dc.subject.ddc | 330 | en |
dc.subject.stw | Wirtschaftskrise | en |
dc.subject.stw | Öffentliche Schulden | en |
dc.subject.stw | Leistungsbilanz | en |
dc.subject.stw | Zahlungsbilanzungleichgewicht | en |
dc.subject.stw | Arbeitslosigkeit | en |
dc.subject.stw | Zins | en |
dc.subject.stw | Risikoprämie | en |
dc.subject.stw | Portugal | en |
dc.title | Will Portugal turn into a second Greece? | - |
dc.type | Research Report | en |
dc.identifier.ppn | 68906621X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:ifwkie:56378 | en |
dc.identifier.repec | RePEc:zbw:ifwkpb:42 | en |
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