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Economic History Of Portugal
The economic history of Portugal covers the development of the economy of Portugal, economy throughout the course of Portuguese history. It has its roots prior to nationality, when Roman Empire, Roman occupation developed a thriving economy of Hispania, economy in Hispania, in the provinces of Lusitania and Gallaecia, as producers and exporters to the Roman Empire. This continued under the Visigoths and then Al-Andalus Moorish rule, until the Kingdom of Portugal was established in 1139. With the end of Portuguese reconquista and integration in the Economic history of Europe#Interaction and renaissance in the Middle Ages, European Middle Age economy, the Portuguese were at the forefront of Portuguese discoveries, maritime exploration of the Age of Discovery, expanding to become the first Portuguese Empire, global empire. Portugal then became the world's main economic power during the Renaissance, introducing most of Africa and the East to European society, and establishing a G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Globalization
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialisation''). It developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the Post–Cold War era, post–Cold War world. The origins of globalization can be traced back to the 18th and 19th centuries, driven by advances in transportation and communication technologies. These developments increased global interactions, fostering the growth of international trade and the exc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EFTA
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organization operates in parallel with the European Union (EU), and all four member states participate in the European single market and are part of the Schengen Area. They are not, however, party to the European Union Customs Union. EFTA was historically one of the two dominant western European trade blocs, but is now much smaller and closely associated with its historical competitor, the European Union. It was established on 3 May 1960 to serve as an alternative trade bloc for those European states that were unable or unwilling to join the then European Economic Community (EEC), the main predecessor of the EU. The Stockholm Convention (1960), to establish the EFTA, was signed on 4 January 1960 in the Swedish capital by seven countries (known as the " Outer Seven": Austria, Denmark, Norway, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Economic Community
The European Economic Community (EEC) was a regional organisation created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty. aiming to foster economic integration among its member states. It was subsequently renamed the European Community (EC) upon becoming integrated into the Three pillars of the European Union, first pillar of the newly formed European Union (EU) in 1993. In the popular language, the singular ''European Community'' was sometimes inaccurately used in the wider sense of the plural ''European Communities'', in spite of the latter designation covering all the three constituent entities of the first pillar. The EEC was also known as the European Common Market (ECM) in the English-speaking countries, and sometimes referred to as the European Community even before it was officially renamed as such in 1993. In 2009, the EC formally ceased to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estado Novo (Portugal)
The ''Estado Novo'' (, ) was the Corporate statism, corporatist Portuguese state installed in 1933. It evolved from the ''Ditadura Nacional'' ("National Dictatorship") formed after the 28 May 1926 coup d'état, ''coup d'état'' of 28 May 1926 against the unstable First Portuguese Republic, First Republic. Together, the ''Ditadura Nacional'' and the ''Estado Novo'' are recognised by historians as the Second Portuguese Republic (). The ''Estado Novo'', greatly inspired by conservative and autocratic ideologies, was developed by António de Oliveira Salazar, who was Prime Minister of Portugal, President of the Council of Ministers from 1932 until illness forced him out of office in 1968. Opposed to communism, socialism, syndicalism, anarchism, liberalism and anti-colonialism, the regime was conservative, corporatist, and nationalist in nature, defending Religion in Portugal, Portugal's traditional Catholicism. Its policy envisaged the perpetuation of Portugal as a pluricontinenta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Finances
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in many branches of political science, political economy and public economics. Research assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on: # The efficient allocation of available resources; # The distribution of income among citizens; and # The stability of the economy. American public policy advisor and economist Jonathan Gruber put forth a framework to assess the broad field of public finance in 2010:Gruber, J. (2010) Public Finance and Public Policy (Third Edition), Worth Publishers, Pg. 3, Part 1 # When should t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
António De Oliveira Salazar
António de Oliveira Salazar (28 April 1889 – 27 July 1970) was a Portuguese statesman, academic, and economist who served as Portugal's President of the Council of Ministers of Portugal, President of the Council of Ministers from 1932 to 1968. Having come to power under the ("National Dictatorship"), he reframed the regime as the corporatism, corporatist ("New State"), with himself as a dictator. The regime he created lasted until 1974, making it one of the longest-lived authoritarian regimes in modern Europe. A political economy professor at the University of Coimbra, Salazar entered public life as finance minister with the support of President Óscar Carmona after the 28 May 1926 coup d'état. The military of 1926 saw themselves as the guardians of the nation in the wake of the instability and perceived failure of the First Portuguese Republic, First Republic, but they had no idea how to address the critical challenges of the hour. Armed with broad powers to restructure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Minister
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finances, economic policy and/or financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ditadura Nacional
The (, National Dictatorship) is the name given to the regime that governed Portugal from the end of the First Portuguese Republic with the 28 May 1926 coup d'état, until the adoption of a new constitution in 1933 that ushered in the so-called . The term is also used by some to describe the first stages of the dictatorship, while other authors use for the entire period. The and together constitute the historiographical period known as the Second Portuguese Republic, which lasted until 25 April 1974. , 1926–1928 The military easily seized power in a 28 May coup. Soon afterward, the new regime dissolved parliament, banned all political parties and instituted censorship. This process was plagued by instability as hardline military officers purged liberals and democrats from the institutions of the Republic. During this time no one clear leader emerged, as the dictatorship was led by a coalition of lower-rank military officers, some of whom were Integralists. After the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese First Republic
The First Portuguese Republic (; officially: ''República Portuguesa'', Portuguese Republic) spans a complex 16-year period in the history of Portugal, between the end of the period of constitutional monarchy marked by the 5 October 1910 revolution and the 28 May 1926 ''coup d'état''. The latter movement instituted a military dictatorship known as '' Ditadura Nacional'' (national dictatorship) that would be followed by the corporatist '' Estado Novo'' (new state) regime of António de Oliveira Salazar. The sixteen years of the First Republic saw eight presidents and 45 ministries, and were altogether more of a transition between the Kingdom of Portugal and the Estado Novo than they were a coherent period of governance. Early years of the Republic After the republican uprising of 5 October 1910 that overthrew King Manuel II, a republican constitution was approved in 1911, inaugurating a parliamentary regime with little power in the hands of the president and a bicamer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scramble For Africa
The Scramble for Africa was the invasion, conquest, and colonialism, colonisation of most of Africa by seven Western European powers driven by the Second Industrial Revolution during the late 19th century and early 20th century in the era of "New Imperialism": Belgian colonial empire, Belgium, French colonial empire, France, German colonial empire, Germany, British Empire, United Kingdom, Italian Empire, Italy, Portuguese Empire, Portugal and Spanish Empire, Spain. In 1870, 10% of the continent was formally under European control. By 1914, this figure had risen to almost 90%; the only states retaining sovereignty were Liberia, Ethiopian Empire, Ethiopia, Egba United Government, Egba, Sultanate of Aussa, Aussa, Senusiyya, Mbunda Kingdom, Mbunda, the Dervish State, the Darfur Sultanate, and the Ovambo people#History, Ovambo kingdoms, most of which were later conquered. The 1884 Berlin Conference regulated European colonisation and trade in Africa, and is seen as emblematic of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Civil War
The Liberal Wars (), also known as the Portuguese Civil War () and the War of the Two Brothers () was a civil war in Portugal that lasted from May 1828 to May 1834, fought between liberal progressive constitutionalists (led by former King Pedro IV) and conservative traditionalists (led by King Miguel I) over the country's system of government and royal succession. Embroiled parties included the Kingdom of Portugal, Portuguese rebels, the United Kingdom, France, the Catholic Church, Spain and Russia. Roots of the conflict The death of King John VI in 1826 created a dispute over royal succession. While Dom Pedro, the Emperor of Brazil, was the king's oldest son, his younger brother Miguel contended that Pedro had forfeited his claim to the throne by declaring Brazilian independence and by declaring war on the Kingdom of Portugal, therefore violating the succession rules mentioned in the Fundamental Laws of the Kingdom. Pedro briefly entitled himself King Pedro IV of Port ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
