Portugal: Selected Issues
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International Monetary Fund
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This Selected Issues paper examines the education system and public investment in Portugal. Both areas are generally considered as critical for Portugal’s prospects for sustaining or accelerating the drive toward real income convergence. Moreover, both areas absorb a substantial share of public resources and thus have important implications for fiscal balances, which are, under European Monetary Union, constrained by the Stability and Growth Pact. The paper assesses the performance of the Portuguese education system and delineates a possible agenda for reform. It also attempts to shed light on the role of public investment in Portugal.

Abstract

This Selected Issues paper examines the education system and public investment in Portugal. Both areas are generally considered as critical for Portugal’s prospects for sustaining or accelerating the drive toward real income convergence. Moreover, both areas absorb a substantial share of public resources and thus have important implications for fiscal balances, which are, under European Monetary Union, constrained by the Stability and Growth Pact. The paper assesses the performance of the Portuguese education system and delineates a possible agenda for reform. It also attempts to shed light on the role of public investment in Portugal.

III. Sources of Data and General Information on the World-Wide Web

A considerable amount of statistical and general information on Portugal’s economy is available on the world-wide web. Listed below are key national and international sites. Many of the Portuguese sites provide access not only to macroeconomic data, but to assessments of economic developments; and several sites are documented in English as well as Portuguese.

1. National Sources

Bank of Portugal

http://www.bportugal.pt

Ministry of Finance

General: http://www.min-financas.pt

Budget Department: http://www.dgo.pt

Economic Research and Forecasting Department: http://www.dgep.pt

National Statistics Office

http://www.ine.pt

Public Debt Institute

http://www.igcp.pt

Lisbon Stock Exchange

http://www.bvl.pt

2. International Sources

European Central Bank

http://www.ecb.int

European Union

http://www.europa.eu.int

Organisation for Economic Co-operation and Development

http://www.oecd.org

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