OECD Economic Surveys. Portugal 2017

Author (Corporate)
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Series Title
Series Details February 2017
Publication Date February 2017
ISSN 0376-6438
Content Type ,

The Portuguese economy was gradually recovering from a deep recession thanks to a broad structural reform agenda that had led to rising economic growth, falling unemployment and remarkable progress in export performance. Maintaining momentum for further reforms was crucial to address remaining challenges and bringing about stronger and more inclusive growth, according to the OECD Economic Survey for Portugal published in February 2017.

The Survey also pointed out the need to bring down high levels of public and private sector indebtedness and address non-performing loans in the banking system, which were hampering investment and holding back growth and productivity.

The Survey identified three priority areas for future action:

+ reducing the vulnerabilities of the Portuguese economy and making it more inclusive
+ raising investment
+ boosting skills.

Source Link http://dx.doi.org/10.1787/eco_surveys-prt-2017-en
Related Links
Website: OECD iLibrary http://www.oecd-ilibrary.org/
Economic surveys and country surveillance: Portugal http://www.oecd.org/eco/surveys/economic-survey-portugal.htm
OECD: Press Release, 06.02.17: Portugal: Successful reforms have underpinned economic recovery http://www.oecd.org/newsroom/portugal-successful-reforms-have-underpinned-economic-recovery.htm
Euro|Topics: Debates, February 2017: Portugal's alternative austerity policy pays off http://www.eurotopics.net/en/174879/portugal-s-alternative-austerity-policy-pays-off

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