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  • 标题:The European Sovereign Debt Crisis: the Portuguese Case
  • 本地全文:下载
  • 作者:João Carlos Graça ; João Carlos Graça ; João Carlos Lopes
  • 期刊名称:Economic Sociology : the European Electronic Newsletter
  • 印刷版ISSN:1871-3351
  • 出版年度:2011
  • 卷号:12
  • 期号:3
  • 出版社:Max Planck Institute for the Study of Societies
  • 摘要:In Portugal, like in the rest of the Southern European countries that were part of the so-called third wave of democratization of the 1970s (Greece and Spain), the Euro was seen as a symbol of modernization, economic growth and stability. Its introduction was considered the culmination of a successful process of European integra- tion accomplished in a very short period and against all odds. The ugly ducks were, at last, recognized by their capacity of adjustment. Accepting the Euro was a proof of work well done and that, at last, the Portuguese could be considered true European citizens. Being part of the monetary union and fulfilling all the economic and financial requirements previously established be- came a reason of pride, easily explored by all the political parties that supported the integration. The idea of catch- ing up with the rest of Europe and economically con- verging with the rich neighbors became more or less credible. Some politicians went as far as using a cycling metaphor, underlining that the Portuguese were now a part of the leading European pack, meaning they were well prepared and could be considered good students of the European integration.
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