tag:blogger.com,1999:blog-3120478448417742445.post4324834139159780342..comments2024-03-24T06:35:14.281+00:00Comments on The Portuguese Economy: The IMF’s rosy public debt projections*Editorhttp://www.blogger.com/profile/16779405217168307855noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3120478448417742445.post-69259642886659390832021-12-18T10:03:44.811+00:002021-12-18T10:03:44.811+00:00You re in point of fact a just right webmaster. Th...You re in point of fact a just right webmaster. The website loading speed is amazing. It kind of feels that you're doing any distinctive trick. Moreover, The contents are masterpiece. you have done a fantastic activity on this subject! <a href="https://nationalpaydayloanrelief.com/" rel="nofollow">national payday loan relief</a><br />brakuphttps://www.blogger.com/profile/14403616485675997367noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-58537373363075827812020-10-20T07:59:01.185+01:002020-10-20T07:59:01.185+01:00Are you in need of finance? we give out guarantee ...Are you in need of finance? we give out guarantee cash at 3% interest rate. Contact us on any kind of finance now: financialserviceoffer876@gmail.com whatsapp Number +918929509036 Dr James Eric Finance Pvt Ltdfinancialserviceofferhttps://www.blogger.com/profile/11310134613292993835noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-15877255568582488292013-04-23T11:24:16.175+01:002013-04-23T11:24:16.175+01:00Ricardo,
It might be of interest to add this to y...Ricardo,<br /><br />It might be of interest to add this to your toolkit.<br /><br />http://www.ocomite.org/debt/<br /><br />Although it does not assume any economic model whatsoever (it is based entirely on the stock of public debt account identity db/dt = (g-t) + (r-y)b) one can add its own assumptions by adjusting their projected growth rates (say, for instance, that you assume the fiscal multiplier to be < 0 — simply increase the expected growth rate following a decrease in public consumption).Mário Amorim Lopeshttps://www.blogger.com/profile/07886029823601424298noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-79445911396858418202012-12-02T03:09:54.041+00:002012-12-02T03:09:54.041+00:00Ricardo, thanks for the analysis. Actually this is...Ricardo, thanks for the analysis. Actually this is not surprising. Just would like to note on top of what you said that IMF assumes Portugal reaching 3% nominal growth by 2015 and higher by 2017...<br />What I do not understand is why with so many experienced economists, Portugal is still taking this 'medecine' as granted from doctors who are experimenting as they go along. We know well that much of the advice is founded in very little robust empirical evidence and that unfortunately this fact is inconsistent with the displays of confidence from the IMF and the rest of the team and the use of statements such as 'as in many other countries it has been shown...'. When the memorandum was signed I commented in this blog that there was too little in terms of supporting growth in the measures chosen. This is clearly a problem and the continuation of a 'short term credit' perspective on structural adjustment will simply not pay off. It will result in a much deeper recession, flight of qualified people abroad (also undermining future growth) and such social tensions that an alternative and credible reform agenda will be much harder to implement. From an international perspective, Europe is desperate to find a champion of reform with an adjustment that works. This should give us some bargaining power but apparently the Portuguese Government seems totally unable to negotiate. Nuno M Santoshttps://www.blogger.com/profile/15760559589756048410noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-35665478955648483762012-11-30T23:29:35.401+00:002012-11-30T23:29:35.401+00:00ricardo,
in july 2012, there was a silent restruc...ricardo,<br /><br />in july 2012, there was a silent restructuring of the loan with the EU: check the rates and maturities granted to Portugal in July. Maturity went from 7.5 years to 15-20 years and rates from 5.5 to 3.5. this was defined as an unexpected decrease in interest payments.<br /><br />fFrancesco Francohttps://www.blogger.com/profile/11861110874760435047noreply@blogger.com