Economic Survey - Portugal 2004

The OECD assessment and recommendations on the main economic challenges faced by Portugal are available by clicking on each chapter heading below.

Executive Summary

Key challenges and issues
Growth performance improved over the 1990s, but public finances lack strength and the catching-up process has stalled. The priorities are to spur potential growth and to ensure sustained fiscal discipline. This Chapter reviews Portugal’s strengths and weaknesses and analyses the main policy challenges facing the economy.

Structural policies to lift Portugal’s living standards
What should be done to raise productivity growth and allow catching up in living standards? Have insufficiencies in the education and training systems been appropriately addressed? How well does the labour market perform? Is the business environment innovative, friendly and competitive?

The fiscal challenge
What should be done to put public finances on a sound footing? Is enough being done to reform the public administration and the pension system?

Of special interest: The public administration reform

Of special interest: Ageing-related pressures on public finances

The ongoing reform of the health care system
Is the reform of the health care system addressing most of the sector’s weaknesses? What more should be done to achieve durable improvements in efficiency and quality of health care?

See also ECO Working Paper 405: The reform of health care system in Portugal

A printer-friendly Policy Brief (pdf format) may also be downloaded. The Policy Brief contains the OECD assessment and recommendations, but does not include all of the charts available from the above pages.
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The full edition of the OECD Economic Survey for Portugal is available from:

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