Medium-term Economic Policies for Portugal

1985 ◽  
pp. 185-207
Author(s):  
Bela Balassa
Keyword(s):  
Economic Policies ◽  
Medium Term

scholarly journals Les impacts de l'adhésion à la Communauté européenne sur la balance commerciale de l'Espagne et du Portugal

2005 ◽  
Vol 22 (1) ◽  
pp. 25-46
Author(s):  
Diane Éthier
Keyword(s):  
European Community ◽  
Trade Balance ◽  
Customs Union ◽  
Economic Policies ◽  
External Trade ◽  
Medium Term ◽  
Capital Goods ◽  
Strong Growth

This paper analyzes the entry into the European Community (EC) impacts on Spain and Portugal external Trade Balance (ETE). It points out that the dramatic increase of Iberian countries ETB deficit, since their adhesion to the EC, first January 1986, is mainly due to the strong growth of capital goods imports, in particular those from EC, in a context characterized by the gradual application of Customs Union mechanisms and the rise of internal demand. Then, it examines principal short and medium term measures susceptible to adjust Spain and Portugal ETB, especially restrictive economic policies and structural programs of modernization.

Vaca Muerta development could disappoint in Argentina

2018 ◽  
Keyword(s):  
Oil Prices ◽  
Oil Industry ◽  
Economic Policies ◽  
Medium Term ◽  
Content Type ◽  
Vaca Muerta ◽  
Shale Formation ◽  
Positive Results ◽  
Attention Shifts

Subject The Vaca Muerta shale formation. Significance Argentina’s huge Vaca Muerta shale formation is now beginning to be exploited. With the recovery in global oil prices likely to be sustained over the short-to-medium term, the international oil industry is cautiously and selectively regaining its investment appetite. Impacts Falling conventional hydrocarbons investments as attention shifts to Vaca Muerta may affect output if shale does not meet expectations. If the government’s investor-friendly approach fails to yield positive results, reversal of its often-unpopular economic policies is likely. Failure to meet output aspirations would sustain heavy dependence on energy imports.

The World Economy

2017 ◽  
Vol 240 ◽  
pp. F3-F3
Keyword(s):  
World Economy ◽  
Output Growth ◽  
Consumer Confidence ◽  
Economic Policies ◽  
Soft Data ◽  
Medium Term ◽  
National Elections ◽  
Advanced Economies ◽  
The World ◽  
The Face

Global output growth is forecast to pick up from 3.1 per cent in 2016 to 3.3 per cent in 2017 and 3.6 per cent in 2018 – a slightly stronger acceleration than expected in February. Projected medium-term growth is still well below pre-crisis rates.A striking feature of the current conjuncture is unusual uncertainty, particularly about the interpretation of recent ‘soft’ data showing increased business and consumer confidence in the advanced economies, US economic policies, and policies in Europe in the face of national elections in the largest economies.There are significant risks to our growth forecast on both the upside and the downside but of particular concern are the downside risks related to the adoption of more populist policies in advanced economies.

Notes on the Current Development Problems and Growth Prospects of the Turkish Economy

1988 ◽  
Vol 2 ◽  
pp. 37-50 ◽  
Author(s):  
Korkut Boratav ◽  
Oktar Türel
Keyword(s):  
Structural Adjustment ◽  
Balance Sheet ◽  
Economic Policies ◽  
Current Development ◽  
Recent Past ◽  
Medium Term ◽  
Turkish Economy ◽  
Growth Prospects ◽  
Second Period ◽  
Dividing Line

It is the aim of these notes to make a balance sheet of the development problems which Turkey is currently facing and to assess medium-term growth prospects for the Turkish economy. Such a balance sheet necessitates a retrospective look into the recent past, in which a distinction should be made between the pre- and post-1980 periods since it was early in 1980 that a major reorientation of economic policies into an orthodox “structural adjustment” line took place. Hence we investigate roughly two seven year periods covering 1973-79 and 1980—86 (with more emphasis on the second period), being fully aware that with respect to certain variables the year 1980 may not always serve as a dividing line.

scholarly journals W trójkącie współzależności. Relacje gospodarcze Polski z Niemcami i Chinami oraz ich znaczenie polityczne

2021 ◽  
pp. 103-120
Author(s):  
Katarzyna Golik
Keyword(s):  
International Economic ◽  
Trade Policy ◽  
Automobile Industry ◽  
Economic Policies ◽  
Medium Term ◽  
Economic Relations ◽  
Political Processes ◽  
Political Relations ◽  
International Economic Relations ◽  
Political Actions

In the following text I will analyse the selected aspects of economic relations between Poland, Germany and China. I am going to compare elements of discourse with political actions and, above all, with economic realities. Clearly in economic terms, Chinese direction is not an alternative to Germany for Poland, but it may become a necessity in terms of diversification of international economic relations. Particularly in the context of forthcoming electromobility revolution, the crisis could affect the German automobile industry, spilling over into other sectors related to Poland’s export. In the medium term, economic processes are likely to be loosely linked to political processes. Poland's interests in the international arena are more related to political integration with Germany than to a strong rapprochement with China. However, the former are unlikely to support Poland's emancipation in independent economic and trade policy. This may result in a two-pronged approach (separation of economic policies from political relations) to relations between the two countries. 

Opposition surge raises instability risks in Gabon

2015 ◽  
Keyword(s):  
Political Economy ◽  
Consumer Goods ◽  
Economic Policies ◽  
Medium Term ◽  
Market Position ◽  
Content Type ◽  
Military Equipment ◽  
Strong Market Position ◽  
Regime Continuity

Subject Political economy outlook for Gabon. Significance Gabon earlier this month issued a 500 million dollar ten-year euro-bond at a 6.95% yield to support the government's economic policies. President Ali Bongo faces growing opposition to his family's nearly 50-year rule ahead of elections scheduled for 2016. He hopes a largely debt-funded stimulus programme will mitigate this, but results may only be felt in the medium term. Impacts The Moroccan king's state visit could lay the foundations for new investment, notably in finance and telecommunications. New military equipment purchases and pay rises for soldiers will reinforce the army's support for Bongo, assisting regime continuity. Planned expansion from French consumer goods firm CFAO will help it retain strong market position across multiple sectors. Logging sacred Kevazingo trees for export to China could spur Sinophobic sentiment.

Syriza must wrest some new deal from Greece's lenders

2015 ◽  
Keyword(s):  
New Deal ◽  
Economic Policies ◽  
Medium Term ◽  
Ruling Elite ◽  
Content Type ◽  
Finance Minister ◽  
Eu Membership ◽  
Area Growth ◽  
Will Force ◽  
Open Question

Subject Syriza's first days in office. Significance The Syriza party won the election on the back of voters' rejection of economic policies imposed from abroad. The divergence between the interests of the Greek ruling elite and the general population determined the outcome. It is still an open question whether over the short-to-medium term, Greece's creditors will force Syriza leader Alexis Tsipras to temper his pre-election promises. Finance Minister Yanis Varoufakis's statements during his visit to London seem to indicate moderation. Impacts A closer political alliance with Russia might be used as bargaining chip in the medium term. Syriza's win will embolden leftist movements around Europe. In addition to direct losses incurred mostly by EU institutional investors, 'Grexit' would dampen euro-area growth rates. Perceived reversibility of EU membership would increase investors' risk estimations for other debt-stricken member states.

Medium-Term Projections on Alternative Policy Assumptions

1986 ◽  
Vol 118 ◽  
pp. 30-37
Keyword(s):  
Labour Party ◽  
Economic Policies ◽  
Medium Term ◽  
Economic Expansion ◽  
British Economy ◽  
Alternative Policy ◽  
The World ◽  
New Policies

Given assumptions about developments in the rest of the world, the NIESR model is used to explore how the British economy might develop over the medium term under alternative economic policies. In the first part of the note it is assumed that policies are broadly unchanged. In the second part it is assumed that new policies are introduced along the lines of the programme of economic expansion advocated by the Labour Party.

Chapter I. the British Economy in the Medium Term

1981 ◽  
Vol 98 ◽  
pp. 6-28 ◽  
Keyword(s):  
Frame Of Reference ◽  
Economic Policies ◽  
Medium Term ◽  
British Economy ◽  
The Future ◽  
Economic Developments ◽  
Do So

This chapter considers the prospects for the British economy over the next five years. The intention is not to put forward an unqualified set of numbers as a forecast with a strong probability; to do so would be to pretend to a knowledge of the future—of political and world events as well as economic developments—which we could not possibly possess. Our more modest aim is to present a conditional projection, based on ‘unchanged policies’, as a frame of reference for appraising the scale of future problems and the use of economic policies to combat them.

scholarly journals Indonesia, Malaysia, and Thailand: New Administrations, New Policies, New Performance?

2006 ◽  
Vol 5 (3) ◽  
pp. 128-168
Author(s):  
Don Hanna
Keyword(s):  
Structural Changes ◽  
Economic Policies ◽  
Medium Term ◽  
Short Term ◽  
Role Of The State ◽  
The Government ◽  
New Policies ◽  
Open Question ◽  
Term Management

The administrations in Indonesia, Malaysia, and Thailand have all put in place economic policies designed to increase growth, reduce poverty, and improve governance. In Thailand, the government is taking a more activist role, a change from the previous, more hands-off approach. In both Indonesia and Malaysia, new policies reduce the activist role of the state, creating greater predictability and transparency. Better governance remains a key to growth, with many reforms within governments' reach. While many of the policies focus on the medium term, there is an acceptance of the need for prudent short-term management. The open question is whether progress on structural changes can persist when the short-term macroeconomic picture becomes more challenging.

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