1974 Portuguese population 1961–2003, in thousands, (2005 Data from FAO) with emigration giving way to retornados ranging from 500,000 to 1 million after the revolution. The post Carnation Revolution period was characterized by chaos and negative economic growth as industries were nationalised and the negative effects of the decoupling of Portugal from its former colonies were felt. Heavy industry came to […]
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Portuguese Colonial Empire[edit] During the Portuguese Empire period, started in the 15th century, until the Carnation Revolution of 1974, the economy of Portugal was centered in trade and raw materials related activities within its vast colonial possessions, mainly in Asia (spices, silk, dyes, porcelain and gems), Africa (ivory, timber, oil, diamonds and slaves) and South America (sugar cane, dyes, woods, and gold). The country, with a transcontinental […]
The economy of Portugal is ranked 34th in the World Economic Forum’s Global Competitiveness Report for 2019. The great majority of the international trade is done within the European Union (EU), whose countries received 72.8% of the Portuguese exports and were the origin of 76.5% of the Portuguese imports in 2015. Other regional groups that are significant trade partners of Portugal are the NAFTA (6.3% of the exports and […]
2000 constitution In the 2000 constitution, where diverse constitutional laws were unified into one statute, the leading role of the President was slightly moderated. However, because the constitution still stipulates only that the President leads foreign policy and the government internal policy, the responsibility over European Union affairs is not explicitly resolved. Implicitly this belongs […]
The foreign relations of Finland are the responsibility of the president of Finland, who leads foreign policy in cooperation with the government. Implicitly the government is responsible for internal policy and decision making in the European Union. Within the government, preparative discussions are conducted in the government committee of foreign and security policy (ulko- ja turvallisuuspoliittinen ministerivaliokunta), which includes […]
Liberalization Like other Nordic countries, Finland has liberalized its system of economic regulation since late 1980s. Financial and product market regulations were modified. Some state enterprises were privatized and some tax rates were altered. In 1991, the Finnish economy fell into a severe recession. This was caused by a combination of economic overheating (largely due to a change […]
The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of western European economies such as France, Germany and the United Kingdom. The largest sector of Finland’s economy is services at 72.7 percent, followed by manufacturing and refining at 31.4 percent. Primary production is 2.9 percent. With respect to foreign trade, the key economic sector is manufacturing. The largest industries are electronics (21.6 percent – very old data) , […]
Finland is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of 338,455 square kilometres (130,678 sq mi) with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities […]
Focus areas DANIDA focusses on four areas of interest: Human rights and democracy Green growth Social progress Stability and protection. As of 2015, DANIDA was involved in a total of 73 countries and regions across the world, with 21 countries of high priority. Most of the priority countries are among the poorest of the world, located in […]
Denmark has large proven reserves of oil and natural gas in the North Sea with Esbjerg being the main city for the oil and gas industry. Denmark is the largest producer of oil and natural gas in the EU. Production has decreased in recent years, though. Whereas in 2006 output (measured as gross value added or GVA) in mining and quarrying […]