TY - BOOK AU - Schmitt,Hans O. TI - Economic Stabilization and Growth in Portugal T2 - Occasional Papers; Occasional Paper SN - 1557750610 : SN - 0251-6365 PY - 1981/// CY - Washington, D.C. PB - International Monetary Fund KW - Balance of Payments KW - imf KW - Credit Expansion KW - Domestic Credit Expansion KW - Domestic Credit KW - Wages KW - Portugal N2 - This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a balance-of-payments constraint was new to Portugal. The paper reviews the issues that had to be resolved to develop an effective program. The economic outturn is also critically examined in this paper UR - http://elibrary.imf.org/view/IMF084/01975-9781557750617/01975-9781557750617/01975-9781557750617.xml UR - http://www.imfbookstore.org/IMFORG/9781557750617 ER -