OECD economic surveys : Portugal 1998 / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, issuing body.

Series:

OECD Economic Surveys: Portugal

Language:

English

Subjects (All):

Economic history.

Portugal--Economic conditions.

Portugal.

Portugal--Economic policy.

Physical Description:

1 online resource (133 pages)

Edition:

1st ed.

Place of Publication:

Paris, France : OECD Publishing, [1998]

Language Note:

English

Summary:

Assessment and recommendations I. Recent developments and prospects -The expansion continues -Unemployment starts to fall -Inflation convergence achieved -The external sector -Short-term outlook II. Macroeconomic policy -Monetary and exchange rate policy -Fiscal policy III. The health care issue -Size and performance of the health system -The institutional setting -Sources of pressure on health spending -The process of reform -Assessment and recommendations IV. Implementing structural reform: a review of progress -Progress in structural reform -Assessment and recommendations Annex -Calendar of main economic events Statistical annex and structural indicators.

Contents:

Intro

Table of contents

Assessment and recommendations

I. Recent developments and prospects

The expansion continues

Table 1. Recent developments and short-term outlook

Figure 1. MACROECONOMIC PERFORMANCE

Figure 2. INDICATORS OF DEMAND

Figure 3. INDICATORS OF ACTIVITY

Unemployment starts to fall

Table 2. Labour market indicators

Inflation convergence achieved

Figure 4. INFLATION DEVELOPMENTS

Table 3. Indicators of wage inflation

The external sector

Exchange rate

Figure 5. NOMINAL AND REAL EXCHANGE RATES

Trade and current account balances

Figure 6. INDICATORS OF MERCHANDISE TRADE

Table 4. Current account of the balance of payments

Figure 7. CURRENT ACCOUNT OF THE BALANCE OF PAYMENTS

Capital transactions

Table 5. Net capital movements

Short-term outlook

II. Macroeconomic policy

Figure 8. INTEREST RATE AND INFLATION CONVERGENCE

Monetary and exchange rate policy

Interest rate developments

Figure 9. POLICY-CONTROLLED INTEREST RATES

Table 6. Evolution of interest-rate and inflation spreads

Figure 10. INTEREST RATES

Figure 11. LONG-TERM INTEREST RATES

Figure 12. INTEREST RATE AND INFLATION DIFFERENTIALS

Monetary and credit aggregates

Figure 13. MONETARY AND CREDIT AGGREGATES

Fiscal policy

Figure 14. FISCAL INDICATORS

Developments in 1996

Table 7. General government income statement

Table 8. State tax receipts

Table 9. State expenditure

Table 10. Revenues and expenditures at different levels of the general government

The 1997 budget

Public debt and debt management

Table 11. Outstanding gross public debt

Table 12. General government deficit and other transactions

The new convergence programme and the 1998 budget

Table 13. The 1997 Convergence Programme

III. The health care issue.

Size and performance of the health system

Table 14. Expenditure on health care

Figure 15. PER CAPITA INCOME AND TOTAL HEALTH EXPENDITURE

Table 15. Per capita expenditure on health care

Figure 16. REAL INCOME CONVERGENCE AND HEALTH SPENDING

Figure 17. EVOLUTION OF HEALTH INDICATORS

Table 16. Health outcomes in the mid-1990s

Figure 18. INDICATORS OF HEALTH OUTCOMES

Table 17. Regional health data

Figure 19. HEALTH OUTCOMES AND HEALTH EXPENDITURE

The institutional setting

A complex mix of private and public provision

Figure 20. THE PORTUGUESE HEALTH SYSTEM

Table 18. Private health spending in 1996

Organisation and finance of the national health service

Figure 21. NATIONAL HEALTH SERVICE: ORGANIGRAMME

Primary health care centres and hospitals

Physicians

Finance of the system

The special sub-systems

The private health sector

The regulatory framework for the pharmaceutical industry and pharmacies

Sources of pressure on health spending

Table 19. Categories of health spending

Table 20. Pharmaceutical expenditures

Table 21. Breakdown of pharmaceutical expendituresTable 21. Breakdown of pharmaceutical expenditures

Macro-determinants

Figure 22. HEALTH SERVICE PRICES AND CONSUMER PRICES

Figure 23. RELATIVE PRICE LEVELS IN THE HEALTH SECTOR

Table 22. Health employment indicators

Efficiency concerns and incentive structures

Table 23. Hospital indicators

The process of reform

Box 1. Recommendations for reforming the Portuguese health care system

Improving the resource allocation within the national health service

Reducing costs in the private sector&amp

norm

Influencing consumer behaviour

Improving the interface between the public and private sectors

IV. Implementing structural reform: a review of progress.

Figure 24. LABOUR MARKET INDICATORS

Progress in structural reform

Reducing taxes and raising labour market flexibility

Improving the efficiency of active labour market policies

Improving labour-force skills and competencies

Increasing product-market competition

Table 24. Major privatisations 1989-97

Improving the infrastructure and the climate for entrepreneurship and innovation

Table 25. EU transfers

Table 26. Spending under the Community Support Framework

Box 2. Implementing the OECD Jobs Strategy: an overview

Notes

Annex. Calendar of main economic events

STATISTICAL ANNEX AND STRUCTURAL INDICATORS

Table A. Selected background statistics

Table B. Expenditure on gross domestic demand product

Table C. Household appropriation account

Table D. General government account

Table E. Prices and wages

Table F. Civilian employment by sector

Table G. Money supply and credit

Table H. Breakdown by nationality of foreign visitors

Table I. Foreign trade by main commodity groups

Table J. Geographical breakdown of foreign trade

Table K. Balance of payments

Table L. Labour-market indicators

Table M. Production and employment structures

BASIC STATISTICS: INTERNATIONAL COMPARISONS

BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont'd)

MAIN SALES OUTLETS OF OECD PUBLICATIONS / PRINCIPAUX POINTS DE VENTE DES PUBLICATIONS DE L'OCDE

BOXES

TABLES

Table 3. Indicators of wage inflation.

Table 4. Current account of the balance of payments

Table 21. Breakdown of pharmaceutical expenditures

FIGURES

Figure 18. INDICATORS OF HEALTH OUTCOMES.

Figure 19. HEALTH OUTCOMES AND HEALTH EXPENDITURE

Figure 24. LABOUR MARKET INDICATORS.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-15133-8

OCLC:

1225546286