Portugal was not ready to join the European Monetary Union in 1999. With strong unions, weak competitiveness and a legacy of socialism, it could not compete with north-European countries. After borrowing extensively to fund deficits, Portugal went into debt crisis in 2011 and had to borrow from the Troika. As banks failed, structural adjustment followed. Today several structural issues and the threat of external risks continue to cast a shadows on its otherwise remarkable recovery.

【書誌情報】

ページ数：36ページ

サイズ：A4

商品番号：HBSP-718024

発行日：2018/1/10

登録日：2018/12/5