The Modern Portuguese Economy in the Twentieth and Twenty-First Centuries

This book offers insights into the behaviour of the Portuguese economy in relation to economic growth from the twentieth century to the present. How did the 1891-92 crisis and World Wars impact Portugal economically? How did the Portuguese economy behave during the 'Golden Age' of economic growth in postwar Europe? What have the effects of the European Monetary Union been? Amaral examines long-running trends in the development of the modern Portuguese economy in order to help us understand various growth phases of the modern period. This title is important reading for economic historians and economists researching economic growth, crises, stablisation and monetary unions. Front Matter ....Pages i-xv Introduction (Luciano Amaral)....Pages 1-16 The 1891–1892 Crisis and Beyond (Luciano Amaral)....Pages 17-63 World War I and the 1920s Financial Crisis (Luciano Amaral)....Pages 65-118 The Estado Novo Period: The 1930s and World War II (Luciano Amaral)....Pages 119-170 The Estado Novo Period After World War II: The Golden Age of Economic Growth (Luciano Amaral)....Pages 171-224 The 1973 Crisis, the 1974 Revolution, and Their Effects on the Portuguese Economy (Luciano Amaral)....Pages 225-264 The European Period (1986–2017) (Luciano Amaral)....Pages 265-308 Conclusion: Some General Topics—Government, Openness and External Imbalance (Luciano Amaral)....Pages 309-319 Back Matter ....Pages 321-348