Acerca da importância da sincronização do ciclo económico português no contexto europeu

Caleiro, António (2011): Acerca da importância da sincronização do ciclo económico português no contexto europeu.

Abstract

A retrospective analysis of the Portuguese business cycle synchronization with some business cycles of reference allows us to draw conclusions that support the vital need to invest in domestic production that, by its nature, being exportable and/or being substitute of imports. From this point of view, the increase in competitiveness that is required in the global model of development as a driver of productivity growth is also important given the gains associated with business cycle synchronization with the European business cycle obtained through the exports. This second aspect, less obvious but equally important for a sustained growth path, is the main focus of this paper.

• Item Type: MPRA Paper
• English Title: Why and how must Portugal be synchronized with the European Union?
• Language: Portuguese
• Keywords: Business Cycles; Synchronization Analysis; Portugal; Análise de Sincronização; Ciclos Económicos
• Subjects: E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy; E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E61 - Policy Objectives ; Policy Designs and Consistency ; Policy Coordination

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