Income inequality in Portugal and in Europe: the impact of austerity? By Renato Miguel do Carmo and Ana Rita Matias
By: Renato Miguel do Carmo and Ana Rita Matias In the European countries affected by austerity measures and structural adjustment programmes (Portugal, Greece, Ireland and Spain), data shows a significant increase in income inequalities. Meanwhile, these four countries saw a decline in the GDP, which besides representing an effective impoverishment led to a stagnation in…