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""Table of contents""; ""Assessment and recommendations""; ""I. Economic expansion: trends and prospects""; ""Overview""; ""Figure 1. Real GDP development compared""; ""Table 1. Macroeconomic performance at a glance""; ""Economic activity remained buoyant in 2000""; ""Figure 2. Contribution to re...

""Table 4. Labour-market indicators""""The revival of underlying inflation has been significant""; ""Figure 4. Inflation developments""; ""Table 5. Wages and labour costs""; ""The external position has worsened""; ""Erosion of competitiveness and export performance""; ""Figure 5. International c...

""Table 8. Summary balance of payments""""Forces at work and short-term outlook""; ""The tightening of monetary conditions was limited in 2000""; ""Figure 7. Interest rates""; ""Figure 8. Monetary conditions""; ""The outlook is favourable�""; ""� but risks are attached to prices and wages a...

""Table 10. Revenues and expenditure at different levels of the general government""""Table 11. State tax receipts""; ""Table 12. State expenditure""; ""The 2000 budget: increasing implementation difficulties""; ""Box 1. Safeguard clauses on Portuguese budgets""; ""The 2001 budget: a further inc...

""Sources of spending pressures in the medium-term""""Table 14. Structure of general government expenditure in OECD countries""; ""Figure 13. State expenditures by main aggregate""; ""The public sector payroll""; ""Figure 14. General government employment and wage bill in OECD countries""; ""Figu...

""Figure 18. Indicators of health outcomes""