01601cas a2200241 a 4500 AALejournalIMF000932 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451824636 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Portugal : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (68 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1999/041 Full text available on IMF http://elibrary.imf.org/view/journals/002/1999/041/002.1999.issue-041-en.xml IMF e-Library