Portugal : Selected Issues

Selected Issues

Portugal : Selected Issues
A range of indicators point to a competitiveness gap of 10-20 percent with respect to euro area competitors. Closing the competitiveness gap will require an extended adjustment period, even with a jump in total factor productivity (TFP) growth and strong wage moderation. This paper reviews several factors that could help explain the boom and bust READ MORE...

Publication date: October 2006
ISBN 9781451832228
$18.00

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