Clone of After the Carnation Revolution: How did the economy evolve?

There is an idea that Portugal is in a permanent economic crisis. This is not the case.

While the country has indeed experienced seven crises in the last 50 years, there's no denying the major progress made in the national economy – starting with the increase in the population's qualifications and ending with record exports, which reached 50% of GDP in 2022.

This mini-documentary illustrates the main economic characteristics of a democracy. From the initial strength of the state to the subsequent economic opening to the outside world and the stagnation of economic growth after the 1990s – when it was thought that Portugal would continue to converge with its European partners.

At a time when choosing where to invest resources is crucial, some of Portugal's best economists and managers analyse possible solutions for achieving economic growth and increasing productivity and wages, thereby retaining Portugal’s home-grown talent. This is a major challenge we face on the 50th anniversary of our democracy.