1.

Record Nr.

UNINA9910788517903321

Titolo

Portugal : : Selected Issues

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2007

ISBN

1-4552-7017-2

1-4519-9194-0

1-280-89320-6

1-4527-3059-8

9786613734518

Descrizione fisica

1 online resource (34 p.)

Collana

IMF Staff Country Reports

Soggetti

Exports - Portugal

Taxation - Portugal

Labor market - Portugal

Competition - Portugal

Exports and Imports

Labor

Personal Finance -Taxation

Taxation

Corporate Taxation

Demand and Supply of Labor: General

Trade: General

Taxation, Subsidies, and Revenue: General

Personal Income and Other Nonbusiness Taxes and Subsidies

Business Taxes and Subsidies

Labor Economics Policies

Labour

income economics

Public finance & taxation

International economics

Corporate & business tax

Finance

Labor markets

Exports

Labor market flexibility

Personal income tax

Income tax systems

International trade



Tax administration core functions

Revenue administration

Taxes

Labor market

Income tax

Tax administration and procedure

Corporations

Manpower policy

Portugal Economic policy

Portugal Economic conditions

Portugal

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2007"--Cover.

"Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Portugal's Export Rebound in 2006: Recovery or Blip?; A. Introduction; B. What Explains the Export Rebound since 2006?; C. Recent Trends in the Export Sector; D. Conclusion; References; II. Making Portugal's Tax System More Pro-Growth; A. Background; Figures; 1. Portugal: Tax Burden and Composition, 2005; B. Tax Policy; Boxes; 1. Characteristics of Pro-Growth Tax System; C. Domestic Tax Administration; D. Conclusion; Appendixes; I. Main Features of the Portuguese Tax System; References; III. The Importance of Labor Market Flexibility in Regaining Competitiveness

A. Introduction B. The Importance of Labor Market Flexibility; C. The Flexibility of Portugal's Labor Market; D. Quantifying the Benefits of Labor Market Reform; 2. The Impact of Reform in Labor, Goods, and Services Markets in Portugal; 3. The Impact of Labor and Product Market Reforms in Portugal; E. Concluding Remarks; References

Sommario/riassunto

This Selected Issues paper analyzes Portugal’s export performance in 2006 and assesses whether it might augur a sustained recovery. The paper examines the factors underlying the recent export rebound, and searches for signs of fundamental changes in structures of the export industries during the last decade. It highlights the importance of labor market flexibility. Using a four-country version of the IMF Global Economic Model, the paper attempts to illustrate the benefits of labor market reform to help close the competitiveness gap.