Beca posdoctoral en Lisboa

Nova School of Business and Economics, in Lisbon, Portugal, is seeking one post-doctoral researcher to work within a project dedicated to the study of the International Monetary Fund (IMF) interventions in Portugal in the 1970s and 1980s, coordinated by Luciano Amaral

The project intends to study the impact the interventions of the IMF in the 1970s and 1980s had on the Portuguese economy, society and political system, with the ultimate purpose of comparing them with the most recent intervention in 2011-2014 (made by the IMF together with the European Commission and European Central Bank). This puts Portugal in the position of being the country in Western Europe having received more interventions of this sort. In the last decades, it was thought that the Portuguese economy would not need any more IMF assistance, but in fact, 25 years after its previous intervention (1983-1985), Portugal accepted again such assistance. Contrary to conventional wisdom, Portugal had to pass through four, rather than three, external interventions of a similar sort in the last forty years: in 1977-78, in 1978-79, in 1983-1985, and in 2011-2014. The second and the third are those historically better known and are generally considered to have been a «success». Opinions on the latest intervention are, however, somewhat mixed. Despite the general impression of success of the 1978-79 and 1983-1985 interventions, very few works have dealt with them. The details of the programmes are not well known and their exact effects on the Portuguese economy, society and political system have not been clearly measured. Calling these interventions a «success» is based on the fact that they solved the immediate problem that had caused them, an external imbalance as measured by the balance of payments. But it is also based on the fact that they were followed by interesting growth spells, particularly after the 1983-1985 one. The main purposes of this project are, in the first place, to reconstitute in a precise way the features of the 1977-78, 1978-1979 and 1983-1985 interventions (amounts involved, terms of conditionality, and policies actually put in practice) and, in the second place, to assess the effects of the programmes on the Portuguese economy, society and political system.

Candidates for the position should hold a Doctoral degree in Economics or History and an adequate scientific and professional curriculum. The successful candidate is expected to build a data base with macroeconomics series, make statistical studies of the series, participate in activities related to the project objectives, namely related to bibliography collection and synthesis and dissemination, and eventual participation in documents resulting from the project as co-author

Details can be found in:


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