Portugal: uma semiperiferia reconfigurada
The present article resumes the analysis of the semiperipheral condition of the Portuguese economy initiated two and a half decades ago. In so doing it assumes the theoretical relevance and up-to-datedness of the concept of semiperiphery. It argues that the process of integration into the European U...
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Format: | Article |
Language: | English |
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Centro de Estudos Sociais da Universidade de Coimbra
2018-06-01
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Series: | e-cadernos ces |
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Online Access: | http://journals.openedition.org/eces/3163 |
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author | Ana Cordeiro Santos José Reis |
author_facet | Ana Cordeiro Santos José Reis |
author_sort | Ana Cordeiro Santos |
collection | DOAJ |
description | The present article resumes the analysis of the semiperipheral condition of the Portuguese economy initiated two and a half decades ago. In so doing it assumes the theoretical relevance and up-to-datedness of the concept of semiperiphery. It argues that the process of integration into the European Union has redefined the semiperipheral condition of the Portuguese economy, intensifying its peripheral position within Europe. Despite the transformation it went through, the Portuguese economy continues to be shaped by a deep heterogeneity and by imbalances, which the intermediate nature of its economic, social and political structures helps explaining. The most significant imbalance today derives from the insertion of the Portuguese economy in international financial circuits, ensuring the desired demand of core countries’ surpluses through the purchase credit that core countries also provide the periphery with. |
first_indexed | 2024-12-11T17:53:33Z |
format | Article |
id | doaj.art-3be54e3db80c457fb6a5475ca8e685d2 |
institution | Directory Open Access Journal |
issn | 1647-0737 |
language | English |
last_indexed | 2024-12-11T17:53:33Z |
publishDate | 2018-06-01 |
publisher | Centro de Estudos Sociais da Universidade de Coimbra |
record_format | Article |
series | e-cadernos ces |
spelling | doaj.art-3be54e3db80c457fb6a5475ca8e685d22022-12-22T00:56:08ZengCentro de Estudos Sociais da Universidade de Coimbrae-cadernos ces1647-07372018-06-012910.4000/eces.3163Portugal: uma semiperiferia reconfiguradaAna Cordeiro SantosJosé ReisThe present article resumes the analysis of the semiperipheral condition of the Portuguese economy initiated two and a half decades ago. In so doing it assumes the theoretical relevance and up-to-datedness of the concept of semiperiphery. It argues that the process of integration into the European Union has redefined the semiperipheral condition of the Portuguese economy, intensifying its peripheral position within Europe. Despite the transformation it went through, the Portuguese economy continues to be shaped by a deep heterogeneity and by imbalances, which the intermediate nature of its economic, social and political structures helps explaining. The most significant imbalance today derives from the insertion of the Portuguese economy in international financial circuits, ensuring the desired demand of core countries’ surpluses through the purchase credit that core countries also provide the periphery with.http://journals.openedition.org/eces/3163european integrationfinancialisationregulationsemiperipheryworld-system |
spellingShingle | Ana Cordeiro Santos José Reis Portugal: uma semiperiferia reconfigurada e-cadernos ces european integration financialisation regulation semiperiphery world-system |
title | Portugal: uma semiperiferia reconfigurada |
title_full | Portugal: uma semiperiferia reconfigurada |
title_fullStr | Portugal: uma semiperiferia reconfigurada |
title_full_unstemmed | Portugal: uma semiperiferia reconfigurada |
title_short | Portugal: uma semiperiferia reconfigurada |
title_sort | portugal uma semiperiferia reconfigurada |
topic | european integration financialisation regulation semiperiphery world-system |
url | http://journals.openedition.org/eces/3163 |
work_keys_str_mv | AT anacordeirosantos portugalumasemiperiferiareconfigurada AT josereis portugalumasemiperiferiareconfigurada |