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  • © 2020

The European Debt Crisis

How Portugal Navigated the post-2008 Financial Crisis

Palgrave Macmillan
  • Contains inside experience from a leading figure in the Portuguese debt management during the crisis

  • Illustrates how international financial markets work on a day to day basis

  • Facilitates an understanding of the interplay of between different actors within international financial markets

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-ix
  2. Background

    • João Moreira Rato
    Pages 1-16
  3. Warming Up

    • João Moreira Rato
    Pages 17-33
  4. Investors

    • João Moreira Rato
    Pages 35-55
  5. International and Domestic Ecosystems

    • João Moreira Rato
    Pages 57-70
  6. Restarting the Engines

    • João Moreira Rato
    Pages 71-82
  7. Bumps on the Road

    • João Moreira Rato
    Pages 83-96
  8. Final Push

    • João Moreira Rato
    Pages 97-111
  9. Success

    • João Moreira Rato
    Pages 113-125
  10. Back Matter

    Pages 127-128

About this book

This book explores Portugal’s response to the 2008 economic crisis and how the country regained the trust of the global capital markets through investor support. The experiences and successes of Portugal are compared with the other Eurozone countries, in particular Greece which had to negotiate a series of assistance programs, to highlight the strategies which helped lessen the impact of the debt crisis.

This book aims to provide insight into the global investor ecosystem and to how financial globalization works in practice, illustrating how the multinational investor universe, the financial media, rating agencies, and how investment banks interact. It will be relevant to students and researchers interested in financial markets and political economy, and also financial market practicioners and policy makers.






Authors and Affiliations

  • NOVA IMS, Universidade Nova de Lisboa, Lisbon, Portugal

    João Moreira Rato

About the author

João Moreira Rato is a visiting professor at NOVA University Lisbon IMS and a research associate at the Systemic Risk Centre at the LSE. He was previously CEO and Chairman of the Portuguese Debt Management Office and Treasury and has acted as an advisor for sovereigns in the Middle East.

Bibliographic Information

Buy it now

Buying options

eBook USD 54.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 69.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access