01708cas a2200241 a 4500 AALejournalIMF001349 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832136 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Portugal : Staff Report for the 2000 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (47 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 Portugal showed impressive economic performance owing to its macroeconomic policies and structural reforms. Executive Directors commended the authorities for their stability-oriented policies, low inflation, and declining fiscal deficits. Nonetheless, economic policies needed to address signs of emerging macroeconomic imbalances, including the brisk growth of private sector credit, tight labor markets, and a persistent inflation differential in relation to other euro area countries. Moreover, an acceleration of structural reforms and further fiscal consolidation would be essential for a rapid and sustained convergence to European Union income levels. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2000/152 Full text available on IMF http://elibrary.imf.org/view/journals/002/2000/152/002.2000.issue-152-en.xml IMF e-Library