01542cas a2200241 a 4500 AALejournalIMF013313 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475589498 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Portugal : Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (103 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's economy is in deep recession, and the crisis has opened up a large output gap, with severe consequences for employment and government revenue. While the focus is on the medium- and long-term, this analysis also offers insights on how deep the output gap is. It also highlights ways in which policies and reforms can promote growth over the longer haul and suggests that achieving a 2-percent growth rate over the long term-consistent with moderate convergence growth-is a realistic objective. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/019 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/019/002.2013.issue-019-en.xml IMF e-Library