01751cas a2200241 a 4500 AALejournalIMF013312 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475545319 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Portugal : 2012 Article IV Consultation and Sixth Review Under the Extended Arrangement and Request for Waivers of Applicability of End-December Performance Criteria-Staff Reports;. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (130 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 Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be traced to Portugal's failure to adapt to the rigors of monetary union. With economic institutions, policies, and incentives ill-adapted to the opportunities, Portugal's external stability risks also rose gradually. However, the current account has improved substantially with financial imbalances being corrected across private and public sectors. Fiscal adjustment also made substantial progress, while structural reforms have been progressing. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/018 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/018/002.2013.issue-018-en.xml IMF e-Library