European Parliament Library

Portugal :, Staff Report for the 2002 Article IV Consultation

Abstract
This 2002 Article IV Consultation on Portugal highlights that after an extended strong economic expansion, the GDP growth stalled in 2002 and, at 0.5 percent, fell below the euro area average for the first time in almost a decade. The growth slowdown reflected a broad-based decline in domestic demand as households began to adjust to high indebtedness levels and a deteriorating employment outlook. Investment continued to fall amid slowing demand prospects and rising global and domestic uncertainty. The weakness in domestic demand led to a decline of imports
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (46 pages)
Form Of Item
online
Isbn
9781280972294

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