Portuguese economic development and external funding in the modern era / edited by Nuno Cunha Rodrigues, Alice Cunha.

Format:

Book

Contributor:

Rodrigues, Nuno Cunha, editor.

Cunha, Alice Monteiro Pita Brito da, editor.

Series:

Portuguese-speaking world (Series)

Portuguese-speaking world

Language:

English

Subjects (All):

Marshall Plan.

Physical Description:

1 online resource (224 pages)

Place of Publication:

Eastbourne : Sussex Academic Press, 2022.

Summary:

After World War II, with the triumph of multilateralism, several international organizations were created, including two which would be of special importance for the external funding of the Portuguese economy in the second half of the twentieth century and in the early twenty-first. The European Union and the International Monetary Fund have been responsible for providing large amounts of funding, both in periods of economic development and during times of financial crisis. This contributory volume provides a thorough analysis on specific case studies: the Marshall Plan (1949-1952); the three IMF interventions (in the seventies, eighties and the 2011 bailout); the implementation of the first EU funds Portugal received prior to accession; and the debate on the new framework for European funds for the period 2021-2027. These case study analyses provide an overview of the legal, economic and financial implications that such external funding has on the country at different times and in different economic contexts. Of particular import at all times is the public finance legal framework, and this is especially the case for the new European funding structures, which has attracted some criticism. And for any future IMF financial assistance and its political implementation implications. Portuguese Economic Development and External Funding in the Modern Era provides important insights into economic development, crisis management, financial assistance and European investment funds. While the work is Portuguese-centred, the topics investigated and the means of analysis adopted are applicable to other countries. This is the first book to address economic development and external funding, and it will inevitably be used as a template for future research.

Contents:

Cover

Title page

Copyright

Contents

Series Editors' Preface

Introduction: Portuguese Economic Development and External Funding in the Modern Era

Nuno Cunha Rodrigues and Alice Cunha

1. Portugal and the Marshall Plan

Maria Fernanda Rollo

2. Financing the Portuguese Democracy: The International Monetary Fund and Other Creditors (1975-1979)

Luciano Amaral

3. The IMF Intervention Process in Portugal between 1983 and 1985

João Zorrinho

4. The European Communities Pre-accession Aid to Portugal: A Dynamic Process

Paulo Alves Pardal

5. The IMF in Portugal, 2011-2014: An Economic and Political Analysis

Joaquim Ramos Silva

6. The Impact of the 2011 Troika Intervention in Portugal on the National Legal Framework

Nuno Cunha Rodrigues

7. EU Funds and Taxation: Lessons from Portugal in Times of Covid

Guilherme Waldemar d'Oliveira Martins and Joana Graça Moura

8. The International Monetary and Financial System and the Right to Assistance from the International Monetary Fund

José Renato Gonçalves

Conclusion: External Funding and Portugal's Unstable Development

Ricardo Paes Mamede

The Editors and Contributors

Index

Back Cover.

Notes:

Description based on print version record.

Includes index.

ISBN:

1-78284-747-2

OCLC:

1272995342