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90 Working Paper

The Role of the State in the Labour Market: Its Impact on Employment and Wages In Portugal as Compared with Spain

Jul 20, 2024 – Jose da Silva Lopes


The role of the State in the economy and in the social arena was deeply transformed in the second half of the 1970s, on account of the change of the political regime. The integration into the European Union since 1985 has brought new radical changes in that role. The paper describes the most important of those changes, putting a special emphasis on social policies and on the labour market, and on the challenges that have to be faced because of European Monetary Union.