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Portugal. In economics, we call it conflict of interest! CEPS Commentary, 12 April 2013

Coutinho, Leonor. (2013) Portugal. In economics, we call it conflict of interest! CEPS Commentary, 12 April 2013. [Policy Paper]

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    Abstract

    Faced with limited options for coming up with the funds needed to pay off the next instalment on its bailout loan, Portugal is advised in this Commentary by economist Leonor Coutinho to trim the number of public sector employees, in combination with an increase in public sector working hours, among the lowest in Europe. In her view, these measures will have the best long-term implications both in terms of fiscal sustainability and of labour productivity, and may finally allow the country to resume the catching-up process that has been stalled since the start of EMU.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Portugal
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 16 Apr 2013 13:51
    Number of Pages: 2
    Last Modified: 16 Apr 2013 13:51
    URI: http://aei.pitt.edu/id/eprint/41607

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