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Foreign public debt and economic growth in Portugal 1830-1985

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Resumo(s)

This paper is a summary of the main results of a research about the evolution of the foreign public debt of Portugal between 1830 and 1985. It will be concerned only with the broad lines of the theme. In what concerns the importance of foreign capital in economic development, general trends are more difficult to ascertain. However, if we accept a thesis of some dependence upon foreign capital until a certain per capita income level is attained, the Portuguese situation of dependence on foreign capital markets before the first world war, and the lower degree of dependence upon foreign capital thereafter may be related to the very process of Portuguese economic growth.

Descrição

Palavras-chave

Economic and Social History Economic Cycles Economic Growth Public Finances Public Debt World War I World War II Economic Crisis - 1980 - Portugal

Contexto Educativo

Citação

Mata, Maria Eugénia and Nuno Valério (1991). "Foreign public debt and economic growth in Portugal 1830-1985". Estudos de Economia, Vol. XI, Nº 4: pp. 421-432

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Fascículo

Editora

Instituto Superior de Economia e Gestão

Licença CC