Portuguese Economic Development and External Funding in the (Hardcover) (ISBN-13: 9781789761320)

After World War II, with the triumph of multilateralism, several international organizations were created, including two which would be of special importance for the external funding of the Portuguese economy in the second half of the twentieth century and in the early twenty-first. The European Union and the International Monetary Fund have been responsible for providing large amounts of funding, both in periods of economic development and during times of financial crisis. This contributory volume provides a thorough analysis on specific case studies: the Marshall Plan (19491952); the three IMF interventions (in the seventies, eighties, and the 2011 bailout); the implementation of the first EU funds Portugal received prior to accession; and the debate on the new framework for European funds for the period 2021-2027. These case study analyses provide an overview of the legal, economic, and financial implications that such external funding has on the country at different times and in different economic contexts. Of particular import at all times is the public finance legal framework, and this is especially the case for the new European funding structures, which has attracted some criticism. And for any future IMF financial assistance and its political implementation implications. Portuguese Economic Development and External Funding in the Modern Era; provides important insights into economic development, crisis management, financial assistance, and European investment funds. While the work is Portuguese-centered, the topics investigated and the means of analysis adopted are applicable to other countries. This is the first book to address economic development and external funding, and it will inevitably be used as a template for future research.

Author: Cunha Rodrigues
ISBN-10: 1789761328
ISBN-13: 9781789761320
Publisher: Oxford University Press, USA
Language: English
Published: 10/27/2021
Pages: 240
Format: Hardcover
Weight: 1.05lbs
Size: 8.70h x 6.20w x 1.00d

About the Author
Alice Cunha is Research Fellow at the Universidade Nova de Lisboa, where she works on European Integration. Nuno Cunha Rodrigues is Associate Professor of the Faculty of Law of the University of Lisbon, specialized in Economic Law and EU Law.