Publicação
The portuguese economy in the inter-war period
| Resumo: | In the inter-war period, Portugal had a small, backward, and dependent economy. Its evolution during those years may be divided into three periods: the post-war years (1919-1924) of inflation and recession; the late twenties (1924-1929) of stabilization and recovery; the thirties (1929-1939) of stability and mild growth. A deflationary policy implemented since 1922 played a decisive role in the turning point of 1924, and was maintained until 1931. Then, it was replaced by a mixture of deflationary .and inflationary measures, that was quite successful during the thirties. |
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| Autores principais: | Valério, Nuno |
| Assunto: | Economic History Portuguese Economy Inflation Economic Cycles História económica Economia portuguesa Inflação Ciclos económicos |
| Ano: | 1985 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| Resumo: | In the inter-war period, Portugal had a small, backward, and dependent economy. Its evolution during those years may be divided into three periods: the post-war years (1919-1924) of inflation and recession; the late twenties (1924-1929) of stabilization and recovery; the thirties (1929-1939) of stability and mild growth. A deflationary policy implemented since 1922 played a decisive role in the turning point of 1924, and was maintained until 1931. Then, it was replaced by a mixture of deflationary .and inflationary measures, that was quite successful during the thirties. |
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