Portugal : Recent Economic Developments.

This paper reviews economic developments in Portugal-Macau during 1997-99. It highlights the way in which Macau's economic development evolved over the years. The paper discusses developments in prices, wages, and employment, and sheds light on how the product and labor markets adjusted to exte...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/041
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in Portugal-Macau during 1997-99. It highlights the way in which Macau's economic development evolved over the years. The paper discusses developments in prices, wages, and employment, and sheds light on how the product and labor markets adjusted to external shocks-in particular to the Asian crisis as well as the increased competition faced by the economy in recent years (1997-99). The paper also reviews the budgetary process and budgetary developments and highlights structural problems that are inherent in the fiscal system.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (68 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students