• Portugal was able to implement important changes to improve the functioning and positioning of its economy (containment of the chronic external deficit and ability to plan and organize its territory).
  • Portugal wasn’t able to successfully bring about some needed structural changes (concerning internal imbalances endemic in nature and the way by which its economy integrated itself in the globalisation process, with the virtuous exception of tourism).
  • Expectations created with the balancing of public accounts defrauded by Portugal’s inability, in adverse international environment, to become more attractive and central.
  • Some ability for the generation of "endogenous" skills.
  • Inability to attract FDI capable of leveraging change in the production profile;
  • Structural reforms begun, but slow to implement in a context of major budget tightening.
  • Constant monitoring of financial markets;
  • Portugal reveals the capacity for short-term response in very difficult situations, but is never able to do the same for long term.
  • Economic course of action characterized by proximity and quick return investment in activities and sectors where Portugal has comparative advantages with poorly skilled yet specialized labour.
  • Exception being the promotion of the health cluster in niche markets, driven by tourism to accommodate the elderly population of developed countries, more demanding in health care.