Opinion

 

 

Public Hearing, Opinion Articles, Interviews, and Citations

Public Hearing

Testimony before the Economic and Monetary Affairs Committee of the European Parliament, within the Public Hearing on “Economic Governance and Crisis Management in the EU”, 17 Oct. 2011, Brussels, per invitation. Links to prepared remarks and to video.

 

Selected opinion columns

Como explicar o crescimento da dívida externa nacional desde 1996? (How can the national external debt growth since 1996 be explained?) Diário Económico, 11 Dec. 2011, Link.

Ajuste desproporcional nas regiões autónomas, (Disproportionate adjustment in the autonomous regions) Diário de Noticias, 29 Nov. 2011, Link.

Portugal’s bailout: reinventing the wheel. The Portuguese Economy, 28 May 2011, Link.

Ajuda externa e dívida soberana portuguesa, (External bailout and portuguese sovereign debt). Diário de Notícias, 12 Feb. 2011, Link.

O diabo está nos detalhes, (The devil is in the detail). Diário de Notícias, 21 Jun. 2010, Link.

O PEC e os PIGS, (The stability and growth pact and the PIGS). Diário de Notícias, 22 Mar. 2010, Link.

Regulators share blame for the financial crisis. Seekingalpha.com, 10 Sep. 2008, Link.

O impacto da crise no sector bancário, (Impact of crisis in the banking sector). Revista Prémio, 5 Oct. 2007. English version: Banks face Perfect Storm, Link.

ECB Nov. 9th, 2005 policy increases systemic risks. 9 Jan. 2007, Link.

 

Selected interviews and debates

Debate sobre perspectivas para a Madeira (Live debate about Madeira economic propects following adjustment program). Antena 1 Madeira (Radio), Program Especial Informação, 3 Feb. 2012.

Mau acordo é pior do que não haver acordo, (A bad agreement is worse than no agreement). Tribuna da Madeira, 27 Jan. 2012, Link.

Sobre o plano de resgate para a Região Autónoma da Madeira, (About the adjustment program for the Autonomous Region of Madeira). Antena 1 and RDP Internacional, 27 Jan. 2012, 22:00, Link.

Crise da dívida: O ajustamento só será eficaz se alterar o défice externo (Debt crisis: The adjustment will only succeed if it changes the external deficit). Expresso and Expresso Online, 3 Dec. 2011, Link.

Live interview about Fitch downgrade of Portuguese sovereign debt. BBC World News TV, World Business Report, 24 Nov. 2011, 22:30.

Ricardo Cabral defende estudo da realidade madeirense antes de aplicar medidas de austeridade (Ricardo Cabral defends study before austerity measures). Antena 1 (Radio), 10 Oct. 2011, 10:30, Link.

Debate sobre a situação da Madeira (Live debate about Madeira’s hidden debt). Antena 1 (Radio), Program Entrevistas Manhã 1 com Ricardo Alexandre, 26 Sep. 2011, 09:30, Link.

UE está à beira da desintegração, (The EU on the verge of disintegration) Jornal da Madeira, 19 Sep. 2011, Link p. 4, p. 5.

P&R: Poupança dos portugueses poderia ajudar a resolver a dívida?  (Q&A: Could savings deposits be used to fund debt?) Geoscópio.tv, 11 Jul. 2011, Link.

Interview about Madeira’s hidden debt, Antena 3 (Radio), 17 Sep. 2011, 12:30.

Live interview about Moody’s rating downgrade of Portugal’s sovereign debt, BBC World News TV, World Business Report, 6 Jul. 2011, 07:30.

Madeirenses mais pobres a partir de 2012, (Madeira poorer from 2012 onwards). Tribuna da Madeira, 4 Jun. 2011, Link.

Live interview about EU/IMF aid packet and GDP numbers. BBC World News TV, World Business Report, 13 May 2011, 15:30, Link.

Two live interviews about Portuguese government aid agreement with EU and the IMF. BBC World News TV, World Business Report, 3 May 2011, 22:30 and 4 May 2011, 15:30.

Saída do euro ou resgate? Economistas dos PIGS discutem opções (Euro exit or bailout? PIGS’ economists discuss options). Expresso Online, 27 Apr. 2011, Link.

Portugal deve ter presente que os seu credores também têm um problema, (Portugal should take into account the fact that its creditors also have a problem). Jornal de Negócios Online, 15 Apr. 2011, Link.

A re-estruturação de dívida externa é a decisão mais premente, (Debt restructuring is the more pressing decision). Expresso, 6 Apr. 2011, Link.

O endividamento externo do país deveria ser inferior a 25% do PIB, (Portugal’s external debt should be lower than 25% of GDP). Expresso Online, 1 Mar. 2011, Link.

Criação do euro foi um desperdício financeiro, (The euro resulted in large capital misallocation), rfi (Radio France Internationale), on occasion of the 15th aniversary of the creation of the Euro, 15 Dec. 2010, Link.

A dívida portuguesa já desvalorizou 10%, (Portuguese debt prices have fallen by 10%). Expresso and Expresso Online, 4 and 5 Dec. 2010, respectively, Link.

Live debate about Portugal’s competitiveness. Económico TV, 23 Nov. 2010.

O principal problema é o défice externo, (The main issue is the external deficit). Expresso, 2 Oct. 2010, Link.

Anos de excesso do sector financeiro, (Years of excess in the financial sector). Tribuna da Madeira, 27 Mar. 2008.

 

Selected citations

Reestruturação não garante sustentabilidade da dívida grega, (Debt Restructuring does not assure Greek debt sustainability). Jornal de Negócios, 12 Mar. 2012.

Portugal’s Jobless Rate Rises by Most Since Country Joined Euro. Bloomberg Business Week, 16 Feb. 2012, Link.

Brazil inflation rate climbs after interest rate cut. BBC News Online, Business, 7 Oct. 2011, Link.

Resgate: Alemães sugerem venda de ouro, (Bailout: Germans suggest gold sale). Expresso Online, 10 May 2011, Link.

Reestruturação da dívida ganha apoios, (Debt restructuring gains support). Expresso, 30 Apr. 2011, Link.

Is Ireland Solvent? Eurointelligence, 24 Nov. 2010, Link.

How to stop Ireland’s financial contagion. The Financial Times, 21 Nov. 2010, Link.

 O reescalonamento da dívida será inevitável nos PIGS, (Debt restructuring is inevitable in the PIGS). Expresso Online, 5 Jul. 2010, and in the print issue of Expresso, 26 Jun. 2010, Link.

Bancarrota pode regressar com a recessão, (Default may return with recession). Exame Expresso, 7 Jul. 2010, Link.

Critics lay some blame for crisis on Washington. Associated Press, 22 Sep. 2008, Link.

Should bank regulators force credit writedowns? New York Times blog of Floyd Norris, Chief Financial Correspondent, 16 Nov. 2007, Link.

Fusão nos móveis aumenta preços, (Mobile merger increases prices). Expresso, 7 Oct. 2006.