Перевод: со всех языков на английский

с английского на все языки

high+economic+growth

  • 1 Historical Portugal

       Before Romans described western Iberia or Hispania as "Lusitania," ancient Iberians inhabited the land. Phoenician and Greek trading settlements grew up in the Tagus estuary area and nearby coasts. Beginning around 202 BCE, Romans invaded what is today southern Portugal. With Rome's defeat of Carthage, Romans proceeded to conquer and rule the western region north of the Tagus, which they named Roman "Lusitania." In the fourth century CE, as Rome's rule weakened, the area experienced yet another invasion—Germanic tribes, principally the Suevi, who eventually were Christianized. During the sixth century CE, the Suevi kingdom was superseded by yet another Germanic tribe—the Christian Visigoths.
       A major turning point in Portugal's history came in 711, as Muslim armies from North Africa, consisting of both Arab and Berber elements, invaded the Iberian Peninsula from across the Straits of Gibraltar. They entered what is now Portugal in 714, and proceeded to conquer most of the country except for the far north. For the next half a millennium, Islam and Muslim presence in Portugal left a significant mark upon the politics, government, language, and culture of the country.
       Islam, Reconquest, and Portugal Created, 714-1140
       The long frontier struggle between Muslim invaders and Christian communities in the north of the Iberian peninsula was called the Reconquista (Reconquest). It was during this struggle that the first dynasty of Portuguese kings (Burgundian) emerged and the independent monarchy of Portugal was established. Christian forces moved south from what is now the extreme north of Portugal and gradually defeated Muslim forces, besieging and capturing towns under Muslim sway. In the ninth century, as Christian forces slowly made their way southward, Christian elements were dominant only in the area between Minho province and the Douro River; this region became known as "territorium Portu-calense."
       In the 11th century, the advance of the Reconquest quickened as local Christian armies were reinforced by crusading knights from what is now France and England. Christian forces took Montemor (1034), at the Mondego River; Lamego (1058); Viseu (1058); and Coimbra (1064). In 1095, the king of Castile and Léon granted the country of "Portu-cale," what became northern Portugal, to a Burgundian count who had emigrated from France. This was the foundation of Portugal. In 1139, a descendant of this count, Afonso Henriques, proclaimed himself "King of Portugal." He was Portugal's first monarch, the "Founder," and the first of the Burgundian dynasty, which ruled until 1385.
       The emergence of Portugal in the 12th century as a separate monarchy in Iberia occurred before the Christian Reconquest of the peninsula. In the 1140s, the pope in Rome recognized Afonso Henriques as king of Portugal. In 1147, after a long, bloody siege, Muslim-occupied Lisbon fell to Afonso Henriques's army. Lisbon was the greatest prize of the 500-year war. Assisting this effort were English crusaders on their way to the Holy Land; the first bishop of Lisbon was an Englishman. When the Portuguese captured Faro and Silves in the Algarve province in 1248-50, the Reconquest of the extreme western portion of the Iberian peninsula was complete—significantly, more than two centuries before the Spanish crown completed the Reconquest of the eastern portion by capturing Granada in 1492.
       Consolidation and Independence of Burgundian Portugal, 1140-1385
       Two main themes of Portugal's early existence as a monarchy are the consolidation of control over the realm and the defeat of a Castil-ian threat from the east to its independence. At the end of this period came the birth of a new royal dynasty (Aviz), which prepared to carry the Christian Reconquest beyond continental Portugal across the straits of Gibraltar to North Africa. There was a variety of motives behind these developments. Portugal's independent existence was imperiled by threats from neighboring Iberian kingdoms to the north and east. Politics were dominated not only by efforts against the Muslims in
       Portugal (until 1250) and in nearby southern Spain (until 1492), but also by internecine warfare among the kingdoms of Castile, Léon, Aragon, and Portugal. A final comeback of Muslim forces was defeated at the battle of Salado (1340) by allied Castilian and Portuguese forces. In the emerging Kingdom of Portugal, the monarch gradually gained power over and neutralized the nobility and the Church.
       The historic and commonplace Portuguese saying "From Spain, neither a good wind nor a good marriage" was literally played out in diplomacy and war in the late 14th-century struggles for mastery in the peninsula. Larger, more populous Castile was pitted against smaller Portugal. Castile's Juan I intended to force a union between Castile and Portugal during this era of confusion and conflict. In late 1383, Portugal's King Fernando, the last king of the Burgundian dynasty, suddenly died prematurely at age 38, and the Master of Aviz, Portugal's most powerful nobleman, took up the cause of independence and resistance against Castile's invasion. The Master of Aviz, who became King João I of Portugal, was able to obtain foreign assistance. With the aid of English archers, Joao's armies defeated the Castilians in the crucial battle of Aljubarrota, on 14 August 1385, a victory that assured the independence of the Portuguese monarchy from its Castilian nemesis for several centuries.
       Aviz Dynasty and Portugal's First Overseas Empire, 1385-1580
       The results of the victory at Aljubarrota, much celebrated in Portugal's art and monuments, and the rise of the Aviz dynasty also helped to establish a new merchant class in Lisbon and Oporto, Portugal's second city. This group supported King João I's program of carrying the Reconquest to North Africa, since it was interested in expanding Portugal's foreign commerce and tapping into Muslim trade routes and resources in Africa. With the Reconquest against the Muslims completed in Portugal and the threat from Castile thwarted for the moment, the Aviz dynasty launched an era of overseas conquest, exploration, and trade. These efforts dominated Portugal's 15th and 16th centuries.
       The overseas empire and age of Discoveries began with Portugal's bold conquest in 1415 of the Moroccan city of Ceuta. One royal member of the 1415 expedition was young, 21-year-old Prince Henry, later known in history as "Prince Henry the Navigator." His part in the capture of Ceuta won Henry his knighthood and began Portugal's "Marvelous Century," during which the small kingdom was counted as a European and world power of consequence. Henry was the son of King João I and his English queen, Philippa of Lancaster, but he did not inherit the throne. Instead, he spent most of his life and his fortune, and that of the wealthy military Order of Christ, on various imperial ventures and on voyages of exploration down the African coast and into the Atlantic. While mythology has surrounded Henry's controversial role in the Discoveries, and this role has been exaggerated, there is no doubt that he played a vital part in the initiation of Portugal's first overseas empire and in encouraging exploration. He was naturally curious, had a sense of mission for Portugal, and was a strong leader. He also had wealth to expend; at least a third of the African voyages of the time were under his sponsorship. If Prince Henry himself knew little science, significant scientific advances in navigation were made in his day.
       What were Portugal's motives for this new imperial effort? The well-worn historical cliche of "God, Glory, and Gold" can only partly explain the motivation of a small kingdom with few natural resources and barely 1 million people, which was greatly outnumbered by the other powers it confronted. Among Portuguese objectives were the desire to exploit known North African trade routes and resources (gold, wheat, leather, weaponry, and other goods that were scarce in Iberia); the need to outflank the Muslim world in the Mediterranean by sailing around Africa, attacking Muslims en route; and the wish to ally with Christian kingdoms beyond Africa. This enterprise also involved a strategy of breaking the Venetian spice monopoly by trading directly with the East by means of discovering and exploiting a sea route around Africa to Asia. Besides the commercial motives, Portugal nurtured a strong crusading sense of Christian mission, and various classes in the kingdom saw an opportunity for fame and gain.
       By the time of Prince Henry's death in 1460, Portugal had gained control of the Atlantic archipelagos of the Azores and Madeiras, begun to colonize the Cape Verde Islands, failed to conquer the Canary Islands from Castile, captured various cities on Morocco's coast, and explored as far as Senegal, West Africa, down the African coast. By 1488, Bar-tolomeu Dias had rounded the Cape of Good Hope in South Africa and thereby discovered the way to the Indian Ocean.
       Portugal's largely coastal African empire and later its fragile Asian empire brought unexpected wealth but were purchased at a high price. Costs included wars of conquest and defense against rival powers, manning the far-flung navel and trade fleets and scattered castle-fortresses, and staffing its small but fierce armies, all of which entailed a loss of skills and population to maintain a scattered empire. Always short of capital, the monarchy became indebted to bankers. There were many defeats beginning in the 16th century at the hands of the larger imperial European monarchies (Spain, France, England, and Holland) and many attacks on Portugal and its strung-out empire. Typically, there was also the conflict that arose when a tenuously held world empire that rarely if ever paid its way demanded finance and manpower Portugal itself lacked.
       The first 80 years of the glorious imperial era, the golden age of Portugal's imperial power and world influence, was an African phase. During 1415-88, Portuguese navigators and explorers in small ships, some of them caravelas (caravels), explored the treacherous, disease-ridden coasts of Africa from Morocco to South Africa beyond the Cape of Good Hope. By the 1470s, the Portuguese had reached the Gulf of Guinea and, in the early 1480s, what is now Angola. Bartolomeu Dias's extraordinary voyage of 1487-88 to South Africa's coast and the edge of the Indian Ocean convinced Portugal that the best route to Asia's spices and Christians lay south, around the tip of southern Africa. Between 1488 and 1495, there was a hiatus caused in part by domestic conflict in Portugal, discussion of resources available for further conquests beyond Africa in Asia, and serious questions as to Portugal's capacity to reach beyond Africa. In 1495, King Manuel and his council decided to strike for Asia, whatever the consequences. In 1497-99, Vasco da Gama, under royal orders, made the epic two-year voyage that discovered the sea route to western India (Asia), outflanked Islam and Venice, and began Portugal's Asian empire. Within 50 years, Portugal had discovered and begun the exploitation of its largest colony, Brazil, and set up forts and trading posts from the Middle East (Aden and Ormuz), India (Calicut, Goa, etc.), Malacca, and Indonesia to Macau in China.
       By the 1550s, parts of its largely coastal, maritime trading post empire from Morocco to the Moluccas were under siege from various hostile forces, including Muslims, Christians, and Hindi. Although Moroccan forces expelled the Portuguese from the major coastal cities by 1550, the rival European monarchies of Castile (Spain), England, France, and later Holland began to seize portions of her undermanned, outgunned maritime empire.
       In 1580, Phillip II of Spain, whose mother was a Portuguese princess and who had a strong claim to the Portuguese throne, invaded Portugal, claimed the throne, and assumed control over the realm and, by extension, its African, Asian, and American empires. Phillip II filled the power vacuum that appeared in Portugal following the loss of most of Portugal's army and its young, headstrong King Sebastião in a disastrous war in Morocco. Sebastiao's death in battle (1578) and the lack of a natural heir to succeed him, as well as the weak leadership of the cardinal who briefly assumed control in Lisbon, led to a crisis that Spain's strong monarch exploited. As a result, Portugal lost its independence to Spain for a period of 60 years.
       Portugal under Spanish Rule, 1580-1640
       Despite the disastrous nature of Portugal's experience under Spanish rule, "The Babylonian Captivity" gave birth to modern Portuguese nationalism, its second overseas empire, and its modern alliance system with England. Although Spain allowed Portugal's weakened empire some autonomy, Spanish rule in Portugal became increasingly burdensome and unacceptable. Spain's ambitious imperial efforts in Europe and overseas had an impact on the Portuguese as Spain made greater and greater demands on its smaller neighbor for manpower and money. Portugal's culture underwent a controversial Castilianization, while its empire became hostage to Spain's fortunes. New rival powers England, France, and Holland attacked and took parts of Spain's empire and at the same time attacked Portugal's empire, as well as the mother country.
       Portugal's empire bore the consequences of being attacked by Spain's bitter enemies in what was a form of world war. Portuguese losses were heavy. By 1640, Portugal had lost most of its Moroccan cities as well as Ceylon, the Moluccas, and sections of India. With this, Portugal's Asian empire was gravely weakened. Only Goa, Damão, Diu, Bombay, Timor, and Macau remained and, in Brazil, Dutch forces occupied the northeast.
       On 1 December 1640, long commemorated as a national holiday, Portuguese rebels led by the duke of Braganza overthrew Spanish domination and took advantage of Spanish weakness following a more serious rebellion in Catalonia. Portugal regained independence from Spain, but at a price: dependence on foreign assistance to maintain its independence in the form of the renewal of the alliance with England.
       Restoration and Second Empire, 1640-1822
       Foreign affairs and empire dominated the restoration era and aftermath, and Portugal again briefly enjoyed greater European power and prestige. The Anglo-Portuguese Alliance was renewed and strengthened in treaties of 1642, 1654, and 1661, and Portugal's independence from Spain was underwritten by English pledges and armed assistance. In a Luso-Spanish treaty of 1668, Spain recognized Portugal's independence. Portugal's alliance with England was a marriage of convenience and necessity between two monarchies with important religious, cultural, and social differences. In return for legal, diplomatic, and trade privileges, as well as the use during war and peace of Portugal's great Lisbon harbor and colonial ports for England's navy, England pledged to protect Portugal and its scattered empire from any attack. The previously cited 17th-century alliance treaties were renewed later in the Treaty of Windsor, signed in London in 1899. On at least 10 different occasions after 1640, and during the next two centuries, England was central in helping prevent or repel foreign invasions of its ally, Portugal.
       Portugal's second empire (1640-1822) was largely Brazil-oriented. Portuguese colonization, exploitation of wealth, and emigration focused on Portuguese America, and imperial revenues came chiefly from Brazil. Between 1670 and 1740, Portugal's royalty and nobility grew wealthier on funds derived from Brazilian gold, diamonds, sugar, tobacco, and other crops, an enterprise supported by the Atlantic slave trade and the supply of African slave labor from West Africa and Angola. Visitors today can see where much of that wealth was invested: Portugal's rich legacy of monumental architecture. Meanwhile, the African slave trade took a toll in Angola and West Africa.
       In continental Portugal, absolutist monarchy dominated politics and government, and there was a struggle for position and power between the monarchy and other institutions, such as the Church and nobility. King José I's chief minister, usually known in history as the marquis of Pombal (ruled 1750-77), sharply suppressed the nobility and the
       Church (including the Inquisition, now a weak institution) and expelled the Jesuits. Pombal also made an effort to reduce economic dependence on England, Portugal's oldest ally. But his successes did not last much beyond his disputed time in office.
       Beginning in the late 18th century, the European-wide impact of the French Revolution and the rise of Napoleon placed Portugal in a vulnerable position. With the monarchy ineffectively led by an insane queen (Maria I) and her indecisive regent son (João VI), Portugal again became the focus of foreign ambition and aggression. With England unable to provide decisive assistance in time, France—with Spain's consent—invaded Portugal in 1807. As Napoleon's army under General Junot entered Lisbon meeting no resistance, Portugal's royal family fled on a British fleet to Brazil, where it remained in exile until 1821. In the meantime, Portugal's overseas empire was again under threat. There was a power vacuum as the monarch was absent, foreign armies were present, and new political notions of liberalism and constitutional monarchy were exciting various groups of citizens.
       Again England came to the rescue, this time in the form of the armies of the duke of Wellington. Three successive French invasions of Portugal were defeated and expelled, and Wellington succeeded in carrying the war against Napoleon across the Portuguese frontier into Spain. The presence of the English army, the new French-born liberal ideas, and the political vacuum combined to create revolutionary conditions. The French invasions and the peninsular wars, where Portuguese armed forces played a key role, marked the beginning of a new era in politics.
       Liberalism and Constitutional Monarchy, 1822-1910
       During 1807-22, foreign invasions, war, and civil strife over conflicting political ideas gravely damaged Portugal's commerce, economy, and novice industry. The next terrible blow was the loss of Brazil in 1822, the jewel in the imperial crown. Portugal's very independence seemed to be at risk. In vain, Portugal sought to resist Brazilian independence by force, but in 1825 it formally acknowledged Brazilian independence by treaty.
       Portugal's slow recovery from the destructive French invasions and the "war of independence" was complicated by civil strife over the form of constitutional monarchy that best suited Portugal. After struggles over these issues between 1820 and 1834, Portugal settled somewhat uncertainly into a moderate constitutional monarchy whose constitution (Charter of 1826) lent it strong political powers to exert a moderating influence between the executive and legislative branches of the government. It also featured a new upper middle class based on land ownership and commerce; a Catholic Church that, although still important, lived with reduced privileges and property; a largely African (third) empire to which Lisbon and Oporto devoted increasing spiritual and material resources, starting with the liberal imperial plans of 1836 and 1851, and continuing with the work of institutions like the Lisbon Society of Geography (established 1875); and a mass of rural peasants whose bonds to the land weakened after 1850 and who began to immigrate in increasing numbers to Brazil and North America.
       Chronic military intervention in national politics began in 19th-century Portugal. Such intervention, usually commencing with coups or pronunciamentos (military revolts), was a shortcut to the spoils of political office and could reflect popular discontent as well as the power of personalities. An early example of this was the 1817 golpe (coup) attempt of General Gomes Freire against British military rule in Portugal before the return of King João VI from Brazil. Except for a more stable period from 1851 to 1880, military intervention in politics, or the threat thereof, became a feature of the constitutional monarchy's political life, and it continued into the First Republic and the subsequent Estado Novo.
       Beginning with the Regeneration period (1851-80), Portugal experienced greater political stability and economic progress. Military intervention in politics virtually ceased; industrialization and construction of railroads, roads, and bridges proceeded; two political parties (Regenerators and Historicals) worked out a system of rotation in power; and leading intellectuals sparked a cultural revival in several fields. In 19th-century literature, there was a new golden age led by such figures as Alexandre Herculano (historian), Eça de Queirós (novelist), Almeida Garrett (playwright and essayist), Antero de Quental (poet), and Joaquim Oliveira Martins (historian and social scientist). In its third overseas empire, Portugal attempted to replace the slave trade and slavery with legitimate economic activities; to reform the administration; and to expand Portuguese holdings beyond coastal footholds deep into the African hinterlands in West, West Central, and East Africa. After 1841, to some extent, and especially after 1870, colonial affairs, combined with intense nationalism, pressures for economic profit in Africa, sentiment for national revival, and the drift of European affairs would make or break Lisbon governments.
       Beginning with the political crisis that arose out of the "English Ultimatum" affair of January 1890, the monarchy became discredtted and identified with the poorly functioning government, political parties splintered, and republicanism found more supporters. Portugal participated in the "Scramble for Africa," expanding its African holdings, but failed to annex territory connecting Angola and Mozambique. A growing foreign debt and state bankruptcy as of the early 1890s damaged the constitutional monarchy's reputation, despite the efforts of King Carlos in diplomacy, the renewal of the alliance in the Windsor Treaty of 1899, and the successful if bloody colonial wars in the empire (1880-97). Republicanism proclaimed that Portugal's weak economy and poor society were due to two historic institutions: the monarchy and the Catholic Church. A republic, its stalwarts claimed, would bring greater individual liberty; efficient, if more decentralized government; and a stronger colonial program while stripping the Church of its role in both society and education.
       As the monarchy lost support and republicans became more aggressive, violence increased in politics. King Carlos I and his heir Luís were murdered in Lisbon by anarchist-republicans on 1 February 1908. Following a military and civil insurrection and fighting between monarchist and republican forces, on 5 October 1910, King Manuel II fled Portugal and a republic was proclaimed.
       First Parliamentary Republic, 1910-26
       Portugal's first attempt at republican government was the most unstable, turbulent parliamentary republic in the history of 20th-century Western Europe. During a little under 16 years of the republic, there were 45 governments, a number of legislatures that did not complete normal terms, military coups, and only one president who completed his four-year term in office. Portuguese society was poorly prepared for this political experiment. Among the deadly legacies of the monarchy were a huge public debt; a largely rural, apolitical, and illiterate peasant population; conflict over the causes of the country's misfortunes; and lack of experience with a pluralist, democratic system.
       The republic had some talented leadership but lacked popular, institutional, and economic support. The 1911 republican constitution established only a limited democracy, as only a small portion of the adult male citizenry was eligible to vote. In a country where the majority was Catholic, the republic passed harshly anticlerical laws, and its institutions and supporters persecuted both the Church and its adherents. During its brief disjointed life, the First Republic drafted important reform plans in economic, social, and educational affairs; actively promoted development in the empire; and pursued a liberal, generous foreign policy. Following British requests for Portugal's assistance in World War I, Portugal entered the war on the Allied side in March 1916 and sent armies to Flanders and Portuguese Africa. Portugal's intervention in that conflict, however, was too costly in many respects, and the ultimate failure of the republic in part may be ascribed to Portugal's World War I activities.
       Unfortunately for the republic, its time coincided with new threats to Portugal's African possessions: World War I, social and political demands from various classes that could not be reconciled, excessive military intervention in politics, and, in particular, the worst economic and financial crisis Portugal had experienced since the 16th and 17th centuries. After the original Portuguese Republican Party (PRP, also known as the "Democrats") splintered into three warring groups in 1912, no true multiparty system emerged. The Democrats, except for only one or two elections, held an iron monopoly of electoral power, and political corruption became a major issue. As extreme right-wing dictatorships elsewhere in Europe began to take power in Italy (1922), neighboring Spain (1923), and Greece (1925), what scant popular support remained for the republic collapsed. Backed by a right-wing coalition of landowners from Alentejo, clergy, Coimbra University faculty and students, Catholic organizations, and big business, career military officers led by General Gomes da Costa executed a coup on 28 May 1926, turned out the last republican government, and established a military government.
       The Estado Novo (New State), 1926-74
       During the military phase (1926-32) of the Estado Novo, professional military officers, largely from the army, governed and administered Portugal and held key cabinet posts, but soon discovered that the military possessed no magic formula that could readily solve the problems inherited from the First Republic. Especially during the years 1926-31, the military dictatorship, even with its political repression of republican activities and institutions (military censorship of the press, political police action, and closure of the republic's rowdy parliament), was characterized by similar weaknesses: personalism and factionalism; military coups and political instability, including civil strife and loss of life; state debt and bankruptcy; and a weak economy. "Barracks parliamentarism" was not an acceptable alternative even to the "Nightmare Republic."
       Led by General Óscar Carmona, who had replaced and sent into exile General Gomes da Costa, the military dictatorship turned to a civilian expert in finance and economics to break the budget impasse and bring coherence to the disorganized system. Appointed minister of finance on 27 April 1928, the Coimbra University Law School professor of economics Antônio de Oliveira Salazar (1889-1970) first reformed finance, helped balance the budget, and then turned to other concerns as he garnered extraordinary governing powers. In 1930, he was appointed interim head of another key ministry (Colonies) and within a few years had become, in effect, a civilian dictator who, with the military hierarchy's support, provided the government with coherence, a program, and a set of policies.
       For nearly 40 years after he was appointed the first civilian prime minister in 1932, Salazar's personality dominated the government. Unlike extreme right-wing dictators elsewhere in Europe, Salazar was directly appointed by the army but was never endorsed by a popular political party, street militia, or voter base. The scholarly, reclusive former Coimbra University professor built up what became known after 1932 as the Estado Novo ("New State"), which at the time of its overthrow by another military coup in 1974, was the longest surviving authoritarian regime in Western Europe. The system of Salazar and the largely academic and technocratic ruling group he gathered in his cabinets was based on the central bureaucracy of the state, which was supported by the president of the republic—always a senior career military officer, General Óscar Carmona (1928-51), General Craveiro Lopes (1951-58), and Admiral Américo Tómaz (1958-74)—and the complicity of various institutions. These included a rubber-stamp legislature called the National Assembly (1935-74) and a political police known under various names: PVDE (1932-45), PIDE (1945-69),
       and DGS (1969-74). Other defenders of the Estado Novo security were paramilitary organizations such as the National Republican Guard (GNR); the Portuguese Legion (PL); and the Portuguese Youth [Movement]. In addition to censorship of the media, theater, and books, there was political repression and a deliberate policy of depoliticization. All political parties except for the approved movement of regime loyalists, the União Nacional or (National Union), were banned.
       The most vigorous and more popular period of the New State was 1932-44, when the basic structures were established. Never monolithic or entirely the work of one person (Salazar), the New State was constructed with the assistance of several dozen top associates who were mainly academics from law schools, some technocrats with specialized skills, and a handful of trusted career military officers. The 1933 Constitution declared Portugal to be a "unitary, corporative Republic," and pressures to restore the monarchy were resisted. Although some of the regime's followers were fascists and pseudofascists, many more were conservative Catholics, integralists, nationalists, and monarchists of different varieties, and even some reactionary republicans. If the New State was authoritarian, it was not totalitarian and, unlike fascism in Benito Mussolini's Italy or Adolf Hitler's Germany, it usually employed the minimum of violence necessary to defeat what remained a largely fractious, incoherent opposition.
       With the tumultuous Second Republic and the subsequent civil war in nearby Spain, the regime felt threatened and reinforced its defenses. During what Salazar rightly perceived as a time of foreign policy crisis for Portugal (1936-45), he assumed control of the Ministry of Foreign Affairs. From there, he pursued four basic foreign policy objectives: supporting the Nationalist rebels of General Francisco Franco in the Spanish Civil War (1936-39) and concluding defense treaties with a triumphant Franco; ensuring that General Franco in an exhausted Spain did not enter World War II on the Axis side; maintaining Portuguese neutrality in World War II with a post-1942 tilt toward the Allies, including granting Britain and the United States use of bases in the Azores Islands; and preserving and protecting Portugal's Atlantic Islands and its extensive, if poor, overseas empire in Africa and Asia.
       During the middle years of the New State (1944-58), many key Salazar associates in government either died or resigned, and there was greater social unrest in the form of unprecedented strikes and clandestine Communist activities, intensified opposition, and new threatening international pressures on Portugal's overseas empire. During the earlier phase of the Cold War (1947-60), Portugal became a steadfast, if weak, member of the US-dominated North Atlantic Treaty Organization alliance and, in 1955, with American support, Portugal joined the United Nations (UN). Colonial affairs remained a central concern of the regime. As of 1939, Portugal was the third largest colonial power in the world and possessed territories in tropical Africa (Angola, Mozambique, Guinea-Bissau, and São Tomé and Príncipe Islands) and the remnants of its 16th-century empire in Asia (Goa, Damão, Diu, East Timor, and Macau). Beginning in the early 1950s, following the independence of India in 1947, Portugal resisted Indian pressures to decolonize Portuguese India and used police forces to discourage internal opposition in its Asian and African colonies.
       The later years of the New State (1958-68) witnessed the aging of the increasingly isolated but feared Salazar and new threats both at home and overseas. Although the regime easily overcame the brief oppositionist threat from rival presidential candidate General Humberto Delgado in the spring of 1958, new developments in the African and Asian empires imperiled the authoritarian system. In February 1961, oppositionists hijacked the Portuguese ocean liner Santa Maria and, in following weeks, African insurgents in northern Angola, although they failed to expel the Portuguese, gained worldwide media attention, discredited the New State, and began the 13-year colonial war. After thwarting a dissident military coup against his continued leadership, Salazar and his ruling group mobilized military repression in Angola and attempted to develop the African colonies at a faster pace in order to ensure Portuguese control. Meanwhile, the other European colonial powers (Britain, France, Belgium, and Spain) rapidly granted political independence to their African territories.
       At the time of Salazar's removal from power in September 1968, following a stroke, Portugal's efforts to maintain control over its colonies appeared to be successful. President Americo Tomás appointed Dr. Marcello Caetano as Salazar's successor as prime minister. While maintaining the New State's basic structures, and continuing the regime's essential colonial policy, Caetano attempted wider reforms in colonial administration and some devolution of power from Lisbon, as well as more freedom of expression in Lisbon. Still, a great deal of the budget was devoted to supporting the wars against the insurgencies in Africa. Meanwhile in Asia, Portuguese India had fallen when the Indian army invaded in December 1961. The loss of Goa was a psychological blow to the leadership of the New State, and of the Asian empire only East Timor and Macau remained.
       The Caetano years (1968-74) were but a hiatus between the waning Salazar era and a new regime. There was greater political freedom and rapid economic growth (5-6 percent annually to late 1973), but Caetano's government was unable to reform the old system thoroughly and refused to consider new methods either at home or in the empire. In the end, regime change came from junior officers of the professional military who organized the Armed Forces Movement (MFA) against the Caetano government. It was this group of several hundred officers, mainly in the army and navy, which engineered a largely bloodless coup in Lisbon on 25 April 1974. Their unexpected action brought down the 48-year-old New State and made possible the eventual establishment and consolidation of democratic governance in Portugal, as well as a reorientation of the country away from the Atlantic toward Europe.
       Revolution of Carnations, 1974-76
       Following successful military operations of the Armed Forces Movement against the Caetano government, Portugal experienced what became known as the "Revolution of Carnations." It so happened that during the rainy week of the military golpe, Lisbon flower shops were featuring carnations, and the revolutionaries and their supporters adopted the red carnation as the common symbol of the event, as well as of the new freedom from dictatorship. The MFA, whose leaders at first were mostly little-known majors and captains, proclaimed a three-fold program of change for the new Portugal: democracy; decolonization of the overseas empire, after ending the colonial wars; and developing a backward economy in the spirit of opportunity and equality. During the first 24 months after the coup, there was civil strife, some anarchy, and a power struggle. With the passing of the Estado Novo, public euphoria burst forth as the new provisional military government proclaimed the freedoms of speech, press, and assembly, and abolished censorship, the political police, the Portuguese Legion, Portuguese Youth, and other New State organizations, including the National Union. Scores of political parties were born and joined the senior political party, the Portuguese Community Party (PCP), and the Socialist Party (PS), founded shortly before the coup.
       Portugal's Revolution of Carnations went through several phases. There was an attempt to take control by radical leftists, including the PCP and its allies. This was thwarted by moderate officers in the army, as well as by the efforts of two political parties: the PS and the Social Democrats (PPD, later PSD). The first phase was from April to September 1974. Provisional president General Antonio Spínola, whose 1974 book Portugal and the Future had helped prepare public opinion for the coup, met irresistible leftist pressures. After Spinola's efforts to avoid rapid decolonization of the African empire failed, he resigned in September 1974. During the second phase, from September 1974 to March 1975, radical military officers gained control, but a coup attempt by General Spínola and his supporters in Lisbon in March 1975 failed and Spínola fled to Spain.
       In the third phase of the Revolution, March-November 1975, a strong leftist reaction followed. Farm workers occupied and "nationalized" 1.1 million hectares of farmland in the Alentejo province, and radical military officers in the provisional government ordered the nationalization of Portuguese banks (foreign banks were exempted), utilities, and major industries, or about 60 percent of the economic system. There were power struggles among various political parties — a total of 50 emerged—and in the streets there was civil strife among labor, military, and law enforcement groups. A constituent assembly, elected on 25 April 1975, in Portugal's first free elections since 1926, drafted a democratic constitution. The Council of the Revolution (CR), briefly a revolutionary military watchdog committee, was entrenched as part of the government under the constitution, until a later revision. During the chaotic year of 1975, about 30 persons were killed in political frays while unstable provisional governments came and went. On 25 November 1975, moderate military forces led by Colonel Ramalho Eanes, who later was twice elected president of the republic (1976 and 1981), defeated radical, leftist military groups' revolutionary conspiracies.
       In the meantime, Portugal's scattered overseas empire experienced a precipitous and unprepared decolonization. One by one, the former colonies were granted and accepted independence—Guinea-Bissau (September 1974), Cape Verde Islands (July 1975), and Mozambique (July 1975). Portugal offered to turn over Macau to the People's Republic of China, but the offer was refused then and later negotiations led to the establishment of a formal decolonization or hand-over date of 1999. But in two former colonies, the process of decolonization had tragic results.
       In Angola, decolonization negotiations were greatly complicated by the fact that there were three rival nationalist movements in a struggle for power. The January 1975 Alvor Agreement signed by Portugal and these three parties was not effectively implemented. A bloody civil war broke out in Angola in the spring of 1975 and, when Portuguese armed forces withdrew and declared that Angola was independent on 11 November 1975, the bloodshed only increased. Meanwhile, most of the white Portuguese settlers from Angola and Mozambique fled during the course of 1975. Together with African refugees, more than 600,000 of these retornados ("returned ones") went by ship and air to Portugal and thousands more to Namibia, South Africa, Brazil, Canada, and the United States.
       The second major decolonization disaster was in Portugal's colony of East Timor in the Indonesian archipelago. Portugal's capacity to supervise and control a peaceful transition to independence in this isolated, neglected colony was limited by the strength of giant Indonesia, distance from Lisbon, and Portugal's revolutionary disorder and inability to defend Timor. In early December 1975, before Portugal granted formal independence and as one party, FRETILIN, unilaterally declared East Timor's independence, Indonesia's armed forces invaded, conquered, and annexed East Timor. Indonesian occupation encountered East Timorese resistance, and a heavy loss of life followed. The East Timor question remained a contentious international issue in the UN, as well as in Lisbon and Jakarta, for more than 20 years following Indonesia's invasion and annexation of the former colony of Portugal. Major changes occurred, beginning in 1998, after Indonesia underwent a political revolution and allowed a referendum in East Timor to decide that territory's political future in August 1999. Most East Timorese chose independence, but Indonesian forces resisted that verdict until
       UN intervention in September 1999. Following UN rule for several years, East Timor attained full independence on 20 May 2002.
       Consolidation of Democracy, 1976-2000
       After several free elections and record voter turnouts between 25 April 1975 and June 1976, civil war was averted and Portugal's second democratic republic began to stabilize. The MFA was dissolved, the military were returned to the barracks, and increasingly elected civilians took over the government of the country. The 1976 Constitution was revised several times beginning in 1982 and 1989, in order to reempha-size the principle of free enterprise in the economy while much of the large, nationalized sector was privatized. In June 1976, General Ram-alho Eanes was elected the first constitutional president of the republic (five-year term), and he appointed socialist leader Dr. Mário Soares as prime minister of the first constitutional government.
       From 1976 to 1985, Portugal's new system featured a weak economy and finances, labor unrest, and administrative and political instability. The difficult consolidation of democratic governance was eased in part by the strong currency and gold reserves inherited from the Estado Novo, but Lisbon seemed unable to cope with high unemployment, new debt, the complex impact of the refugees from Africa, world recession, and the agitation of political parties. Four major parties emerged from the maelstrom of 1974-75, except for the Communist Party, all newly founded. They were, from left to right, the Communists (PCP); the Socialists (PS), who managed to dominate governments and the legislature but not win a majority in the Assembly of the Republic; the Social Democrats (PSD); and the Christian Democrats (CDS). During this period, the annual growth rate was low (l-2 percent), and the nationalized sector of the economy stagnated.
       Enhanced economic growth, greater political stability, and more effective central government as of 1985, and especially 1987, were due to several developments. In 1977, Portugal applied for membership in the European Economic Community (EEC), now the European Union (EU) since 1993. In January 1986, with Spain, Portugal was granted membership, and economic and financial progress in the intervening years has been significantly influenced by the comparatively large investment, loans, technology, advice, and other assistance from the EEC. Low unemployment, high annual growth rates (5 percent), and moderate inflation have also been induced by the new political and administrative stability in Lisbon. Led by Prime Minister Cavaco Silva, an economist who was trained abroad, the PSD's strong organization, management, and electoral support since 1985 have assisted in encouraging economic recovery and development. In 1985, the PSD turned the PS out of office and won the general election, although they did not have an absolute majority of assembly seats. In 1986, Mário Soares was elected president of the republic, the first civilian to hold that office since the First Republic. In the elections of 1987 and 1991, however, the PSD was returned to power with clear majorities of over 50 percent of the vote.
       Although the PSD received 50.4 percent of the vote in the 1991 parliamentary elections and held a 42-seat majority in the Assembly of the Republic, the party began to lose public support following media revelations regarding corruption and complaints about Prime Minister Cavaco Silva's perceived arrogant leadership style. President Mário Soares voiced criticism of the PSD's seemingly untouchable majority and described a "tyranny of the majority." Economic growth slowed down. In the parliamentary elections of 1995 and the presidential election of 1996, the PSD's dominance ended for the time being. Prime Minister Antônio Guterres came to office when the PS won the October 1995 elections, and in the subsequent presidential contest, in January 1996, socialist Jorge Sampaio, the former mayor of Lisbon, was elected president of the republic, thus defeating Cavaco Silva's bid. Young and popular, Guterres moved the PS toward the center of the political spectrum. Under Guterres, the PS won the October 1999 parliamentary elections. The PS defeated the PSD but did not manage to win a clear, working majority of seats, and this made the PS dependent upon alliances with smaller parties, including the PCP.
       In the local elections in December 2001, the PSD's criticism of PS's heavy public spending allowed the PSD to take control of the key cities of Lisbon, Oporto, and Coimbra. Guterres resigned, and parliamentary elections were brought forward from 2004 to March 2002. The PSD won a narrow victory with 40 percent of the votes, and Jose Durão Barroso became prime minister. Having failed to win a majority of the seats in parliament forced the PSD to govern in coalition with the right-wing Popular Party (PP) led by Paulo Portas. Durão Barroso set about reducing government spending by cutting the budgets of local authorities, freezing civil service hiring, and reviving the economy by accelerating privatization of state-owned enterprises. These measures provoked a 24-hour strike by public-sector workers. Durão Barroso reacted with vows to press ahead with budget-cutting measures and imposed a wage freeze on all employees earning more than €1,000, which affected more than one-half of Portugal's work force.
       In June 2004, Durão Barroso was invited by Romano Prodi to succeed him as president of the European Commission. Durão Barroso accepted and resigned the prime ministership in July. Pedro Santana Lopes, the leader of the PSD, became prime minister. Already unpopular at the time of Durão Barroso's resignation, the PSD-led government became increasingly unpopular under Santana Lopes. A month-long delay in the start of the school year and confusion over his plan to cut taxes and raise public-sector salaries, eroded confidence even more. By November, Santana Lopes's government was so unpopular that President Jorge Sampaio was obliged to dissolve parliament and hold new elections, two years ahead of schedule.
       Parliamentary elections were held on 20 February 2005. The PS, which had promised the electorate disciplined and transparent governance, educational reform, the alleviation of poverty, and a boost in employment, won 45 percent of the vote and the majority of the seats in parliament. The leader of the PS, José Sôcrates became prime minister on 12 March 2005. In the regularly scheduled presidential elections held on 6 January 2006, the former leader of the PSD and prime minister, Aníbal Cavaco Silva, won a narrow victory and became president on 9 March 2006. With a mass protest, public teachers' strike, and street demonstrations in March 2008, Portugal's media, educational, and social systems experienced more severe pressures. With the spreading global recession beginning in September 2008, Portugal's economic and financial systems became more troubled.
       Owing to its geographic location on the southwestern most edge of continental Europe, Portugal has been historically in but not of Europe. Almost from the beginning of its existence in the 12th century as an independent monarchy, Portugal turned its back on Europe and oriented itself toward the Atlantic Ocean. After carving out a Christian kingdom on the western portion of the Iberian peninsula, Portuguese kings gradually built and maintained a vast seaborne global empire that became central to the way Portugal understood its individuality as a nation-state. While the creation of this empire allows Portugal to claim an unusual number of "firsts" or distinctions in world and Western history, it also retarded Portugal's economic, social, and political development. It can be reasonably argued that the Revolution of 25 April 1974 was the most decisive event in Portugal's long history because it finally ended Portugal's oceanic mission and view of itself as an imperial power. After the 1974 Revolution, Portugal turned away from its global mission and vigorously reoriented itself toward Europe. Contemporary Portugal is now both in and of Europe.
       The turn toward Europe began immediately after 25 April 1974. Portugal granted independence to its African colonies in 1975. It was admitted to the European Council and took the first steps toward accession to the European Economic Community (EEC) in 1976. On 28 March 1977, the Portuguese government officially applied for EEC membership. Because of Portugal's economic and social backwardness, which would require vast sums of EEC money to overcome, negotiations for membership were long and difficult. Finally, a treaty of accession was signed on 12 June 1985. Portugal officially joined the EEC (the European Union [EU] since 1993) on 1 January 1986. Since becoming a full-fledged member of the EU, Portugal has been steadily overcoming the economic and social underdevelopment caused by its imperial past and is becoming more like the rest of Europe.
       Membership in the EU has speeded up the structural transformation of Portugal's economy, which actually began during the Estado Novo. Investments made by the Estado Novo in Portugal's economy began to shift employment out of the agricultural sector, which, in 1950, accounted for 50 percent of Portugal's economically active population. Today, only 10 percent of the economically active population is employed in the agricultural sector (the highest among EU member states); 30 percent in the industrial sector (also the highest among EU member states); and 60 percent in the service sector (the lowest among EU member states). The economically active population numbers about 5,000,000 employed, 56 percent of whom are women. Women workers are the majority of the workforce in the agricultural and service sectors (the highest among the EU member states). The expansion of the service sector has been primarily in health care and education. Portugal has had the lowest unemployment rates among EU member states, with the overall rate never being more than 10 percent of the active population. Since joining the EU, the number of employers increased from 2.6 percent to 5.8 percent of the active population; self-employed from 16 to 19 percent; and employees from 65 to 70 percent. Twenty-six percent of the employers are women. Unemployment tends to hit younger workers in industry and transportation, women employed in domestic service, workers on short-term contracts, and poorly educated workers. Salaried workers earn only 63 percent of the EU average, and hourly workers only one-third to one-half of that earned by their EU counterparts. Despite having had the second highest growth of gross national product (GNP) per inhabitant (after Ireland) among EU member states, the above data suggest that while much has been accomplished in terms of modernizing the Portuguese economy, much remains to be done to bring Portugal's economy up to the level of the "average" EU member state.
       Membership in the EU has also speeded up changes in Portuguese society. Over the last 30 years, coastalization and urbanization have intensified. Fully 50 percent of Portuguese live in the coastal urban conurbations of Lisbon, Oporto, Braga, Aveiro, Coimbra, Viseu, Évora, and Faro. The Portuguese population is one of the oldest among EU member states (17.3 percent are 65 years of age or older) thanks to a considerable increase in life expectancy at birth (77.87 years for the total population, 74.6 years for men, 81.36 years for women) and one of the lowest birthrates (10.59 births/1,000) in Europe. Family size averages 2.8 persons per household, with the strict nuclear family (one or two generations) in which both parents work being typical. Common law marriages, cohabitating couples, and single-parent households are more and more common. The divorce rate has also increased. "Youth Culture" has developed. The young have their own meeting places, leisure-time activities, and nightlife (bars, clubs, and discos).
       All Portuguese citizens, whether they have contributed or not, have a right to an old-age pension, invalidity benefits, widowed persons' pension, as well as payments for disabilities, children, unemployment, and large families. There is a national minimum wage (€385 per month), which is low by EU standards. The rapid aging of Portugal's population has changed the ratio of contributors to pensioners to 1.7, the lowest in the EU. This has created deficits in Portugal's social security fund.
       The adult literacy rate is about 92 percent. Illiteracy is still found among the elderly. Although universal compulsory education up to grade 9 was achieved in 1980, only 21.2 percent of the population aged 25-64 had undergone secondary education, compared to an EU average of 65.7 percent. Portugal's higher education system currently consists of 14 state universities and 14 private universities, 15 state polytechnic institutions, one Catholic university, and one military academy. All in all, Portugal spends a greater percentage of its state budget on education than most EU member states. Despite this high level of expenditure, the troubled Portuguese education system does not perform well. Early leaving and repetition rates are among the highest among EU member states.
       After the Revolution of 25 April 1974, Portugal created a National Health Service, which today consists of 221 hospitals and 512 medical centers employing 33,751 doctors and 41,799 nurses. Like its education system, Portugal's medical system is inefficient. There are long waiting lists for appointments with specialists and for surgical procedures.
       Structural changes in Portugal's economy and society mean that social life in Portugal is not too different from that in other EU member states. A mass consumption society has been created. Televisions, telephones, refrigerators, cars, music equipment, mobile phones, and personal computers are commonplace. Sixty percent of Portuguese households possess at least one automobile, and 65 percent of Portuguese own their own home. Portuguese citizens are more aware of their legal rights than ever before. This has resulted in a trebling of the number of legal proceeding since 1960 and an eight-fold increase in the number of lawyers. In general, Portuguese society has become more permissive and secular; the Catholic Church and the armed forces are much less influential than in the past. Portugal's population is also much more culturally, religiously, and ethnically diverse, a consequence of the coming to Portugal of hundreds of thousands of immigrants, mainly from former African colonies.
       Portuguese are becoming more cosmopolitan and sophisticated through the impact of world media, the Internet, and the World Wide Web. A prime case in point came in the summer and early fall of 1999, with the extraordinary events in East Timor and the massive Portuguese popular responses. An internationally monitored referendum in East Timor, Portugal's former colony in the Indonesian archipelago and under Indonesian occupation from late 1975 to summer 1999, resulted in a vote of 78.5 percent for rejecting integration with Indonesia and for independence. When Indonesian prointegration gangs, aided by the Indonesian military, responded to the referendum with widespread brutality and threatened to reverse the verdict of the referendum, there was a spontaneous popular outpouring of protest in the cities and towns of Portugal. An avalanche of Portuguese e-mail fell on leaders and groups in the UN and in certain countries around the world as Portugal's diplomats, perhaps to compensate for the weak initial response to Indonesian armed aggression in 1975, called for the protection of East Timor as an independent state and for UN intervention to thwart Indonesian action. Using global communications networks, the Portuguese were able to mobilize UN and world public opinion against Indonesian actions and aided the eventual independence of East Timor on 20 May 2002.
       From the Revolution of 25 April 1974 until the 1990s, Portugal had a large number of political parties, one of the largest Communist parties in western Europe, frequent elections, and endemic cabinet instability. Since the 1990s, the number of political parties has been dramatically reduced and cabinet stability increased. Gradually, the Portuguese electorate has concentrated around two larger parties, the right-of-center Social Democrats (PSD) and the left-of-center Socialist (PS). In the 1980s, these two parties together garnered 65 percent of the vote and 70 percent of the seats in parliament. In 2005, these percentages had risen to 74 percent and 85 percent, respectively. In effect, Portugal is currently a two-party dominant system in which the two largest parties — PS and PSD—alternate in and out of power, not unlike the rotation of the two main political parties (the Regenerators and the Historicals) during the last decades (1850s to 1880s) of the liberal constitutional monarchy. As Portugal's democracy has consolidated, turnout rates for the eligible electorate have declined. In the 1970s, turnout was 85 percent. In Portugal's most recent parliamentary election (2005), turnout had fallen to 65 percent of the eligible electorate.
       Portugal has benefited greatly from membership in the EU, and whatever doubts remain about the price paid for membership, no Portuguese government in the near future can afford to sever this connection. The vast majority of Portuguese citizens see membership in the EU as a "good thing" and strongly believe that Portugal has benefited from membership. Only the Communist Party opposed membership because it reduces national sovereignty, serves the interests of capitalists not workers, and suffers from a democratic deficit. Despite the high level of support for the EU, Portuguese voters are increasingly not voting in elections for the European Parliament, however. Turnout for European Parliament elections fell from 40 percent of the eligible electorate in the 1999 elections to 38 percent in the 2004 elections.
       In sum, Portugal's turn toward Europe has done much to overcome its backwardness. However, despite the economic, social, and political progress made since 1986, Portugal has a long way to go before it can claim to be on a par with the level found even in Spain, much less the rest of western Europe. As Portugal struggles to move from underde-velopment, especially in the rural areas away from the coast, it must keep in mind the perils of too rapid modern development, which could damage two of its most precious assets: its scenery and environment. The growth and future prosperity of the economy will depend on the degree to which the government and the private sector will remain stewards of clean air, soil, water, and other finite resources on which the tourism industry depends and on which Portugal's world image as a unique place to visit rests. Currently, Portugal is investing heavily in renewable energy from solar, wind, and wave power in order to account for about 50 percent of its electricity needs by 2010. Portugal opened the world's largest solar power plant and the world's first commercial wave power farm in 2006.
       An American documentary film on Portugal produced in the 1970s described this little country as having "a Past in Search of a Future." In the years after the Revolution of 25 April 1974, it could be said that Portugal is now living in "a Present in Search of a Future." Increasingly, that future lies in Europe as an active and productive member of the EU.

    Historical dictionary of Portugal > Historical Portugal

  • 2 Economy

       Portugal's economy, under the influence of the European Economic Community (EEC), and later with the assistance of the European Union (EU), grew rapidly in 1985-86; through 1992, the average annual growth was 4-5 percent. While such growth rates did not last into the late 1990s, portions of Portugal's society achieved unprecedented prosperity, although poverty remained entrenched. It is important, however, to place this current growth, which includes some not altogether desirable developments, in historical perspective. On at least three occasions in this century, Portugal's economy has experienced severe dislocation and instability: during the turbulent First Republic (1911-25); during the Estado Novo, when the world Depression came into play (1930-39); and during the aftermath of the Revolution of 25 April, 1974. At other periods, and even during the Estado Novo, there were eras of relatively steady growth and development, despite the fact that Portugal's weak economy lagged behind industrialized Western Europe's economies, perhaps more than Prime Minister Antônio de Oliveira Salazar wished to admit to the public or to foreigners.
       For a number of reasons, Portugal's backward economy underwent considerable growth and development following the beginning of the colonial wars in Africa in early 1961. Recent research findings suggest that, contrary to the "stagnation thesis" that states that the Estado Novo economy during the last 14 years of its existence experienced little or no growth, there were important changes, policy shifts, structural evolution, and impressive growth rates. In fact, the average annual gross domestic product (GDP) growth rate (1961-74) was about 7 percent. The war in Africa was one significant factor in the post-1961 economic changes. The new costs of finance and spending on the military and police actions in the African and Asian empires in 1961 and thereafter forced changes in economic policy.
       Starting in 1963-64, the relatively closed economy was opened up to foreign investment, and Lisbon began to use deficit financing and more borrowing at home and abroad. Increased foreign investment, residence, and technical and military assistance also had effects on economic growth and development. Salazar's government moved toward greater trade and integration with various international bodies by signing agreements with the European Free Trade Association and several international finance groups. New multinational corporations began to operate in the country, along with foreign-based banks. Meanwhile, foreign tourism increased massively from the early 1960s on, and the tourism industry experienced unprecedented expansion. By 1973-74, Portugal received more than 8 million tourists annually for the first time.
       Under Prime Minister Marcello Caetano, other important economic changes occurred. High annual economic growth rates continued until the world energy crisis inflation and a recession hit Portugal in 1973. Caetano's system, through new development plans, modernized aspects of the agricultural, industrial, and service sectors and linked reform in education with plans for social change. It also introduced cadres of forward-looking technocrats at various levels. The general motto of Caetano's version of the Estado Novo was "Evolution with Continuity," but he was unable to solve the key problems, which were more political and social than economic. As the boom period went "bust" in 1973-74, and growth slowed greatly, it became clear that Caetano and his governing circle had no way out of the African wars and could find no easy compromise solution to the need to democratize Portugal's restive society. The economic background of the Revolution of 25 April 1974 was a severe energy shortage caused by the world energy crisis and Arab oil boycott, as well as high general inflation, increasing debts from the African wars, and a weakening currency. While the regime prescribed greater Portuguese investment in Africa, in fact Portuguese businesses were increasingly investing outside of the escudo area in Western Europe and the United States.
       During the two years of political and social turmoil following the Revolution of 25 April 1974, the economy weakened. Production, income, reserves, and annual growth fell drastically during 1974-76. Amidst labor-management conflict, there was a burst of strikes, and income and productivity plummeted. Ironically, one factor that cushioned the economic impact of the revolution was the significant gold reserve supply that the Estado Novo had accumulated, principally during Salazar's years. Another factor was emigration from Portugal and the former colonies in Africa, which to a degree reduced pressures for employment. The sudden infusion of more than 600,000 refugees from Africa did increase the unemployment rate, which in 1975 was 10-15 percent. But, by 1990, the unemployment rate was down to about 5-6 percent.
       After 1985, Portugal's economy experienced high growth rates again, which averaged 4-5 percent through 1992. Substantial economic assistance from the EEC and individual countries such as the United States, as well as the political stability and administrative continuity that derived from majority Social Democratic Party (PSD) governments starting in mid-1987, supported new growth and development in the EEC's second poorest country. With rapid infrastruc-tural change and some unregulated development, Portugal's leaders harbored a justifiable concern that a fragile environment and ecology were under new, unacceptable pressures. Among other improvements in the standard of living since 1974 was an increase in per capita income. By 1991, the average minimum monthly wage was about 40,000 escudos, and per capita income was about $5,000 per annum. By the end of the 20th century, despite continuing poverty at several levels in Portugal, Portugal's economy had made significant progress. In the space of 15 years, Portugal had halved the large gap in living standards between itself and the remainder of the EU. For example, when Portugal joined the EU in 1986, its GDP, in terms of purchasing power-parity, was only 53 percent of the EU average. By 2000, Portugal's GDP had reached 75 percent of the EU average, a considerable achievement. Whether Portugal could narrow this gap even further in a reasonable amount of time remained a sensitive question in Lisbon. Besides structural poverty and the fact that, in 2006, the EU largesse in structural funds (loans and grants) virtually ceased, a major challenge for Portugal's economy will be to reduce the size of the public sector (about 50 percent of GDP is in the central government) to increase productivity, attract outside investment, and diversify the economy. For Portugal's economic planners, the 21st century promises to be challenging.

    Historical dictionary of Portugal > Economy

  • 3 темп

    pace, rate, tempo

    замедлять темпы — to slacken the pace, to slow down

    снизить темпы инфляции — to bring down / to lower the inflation rate

    темпы прироста национального дохода — rates of increase in / of the national income

    темп развития — rate of development / growth

    темпы роста — growth rate; (экономики) expansion rate

    Russian-english dctionary of diplomacy > темп

  • 4 auge

    m.
    1 boom (gen) & (economics).
    estar en (pleno) auge to be booming
    2 prosperity, progress, development.
    3 climax, acme, apex, culmination.
    * * *
    2 (de precios) boost
    3 (de fama etc) peak, summit
    4 (de órbita) apogee
    \
    cobrar auge to gain importance, become important
    estar en auge to be on the increase, be thriving, be booming
    * * *
    noun m.
    1) boom
    2) height, peak
    * * *
    SM
    1) (=apogeo) peak
    2) (=ascendencia)

    el feminismo está en auge — feminism is increasingly successful o influential, feminism is on the up and up *

    3) (Astron) apogee
    * * *
    a) ( punto culminante) peak

    en el auge de su carrera — at the peak o height of his career

    b) ( aumento)
    * * *
    = rise, heyday, boom, bouyancy, elevation.
    Ex. The rapid rise of computer literacy in the world has led to a demand for the easy availability of many kinds of information.
    Ex. The late 18th century heyday of aristocratic libraries was a brief but important chapter in Hungarian library history.
    Ex. The article 'The electronic boom: a gamble or a sure bet?' considers the threat of the new technology to the future of newspapers.
    Ex. The author outlines the reason for the buoyancy of the book trade and discusses the prospects for exports which appear to be much better.
    Ex. Within the last 40 years, information has undergone remarkable elevation.
    ----
    * alcanzar + Posesivo + auge = reach + Posesivo + height.
    * ciudad en auge = boom town.
    * durante el auge de = at the height of, during the height of, during the heyday of.
    * en auge = in ascendancy, buoyant, booming, on the rise, at high tide.
    * en pleno auge = in full cry, at its height.
    * en sus años de auge = in + Posesivo + heyday.
    * estar en auge = go + strong.
    * * *
    a) ( punto culminante) peak

    en el auge de su carrera — at the peak o height of his career

    b) ( aumento)
    * * *
    = rise, heyday, boom, bouyancy, elevation.

    Ex: The rapid rise of computer literacy in the world has led to a demand for the easy availability of many kinds of information.

    Ex: The late 18th century heyday of aristocratic libraries was a brief but important chapter in Hungarian library history.
    Ex: The article 'The electronic boom: a gamble or a sure bet?' considers the threat of the new technology to the future of newspapers.
    Ex: The author outlines the reason for the buoyancy of the book trade and discusses the prospects for exports which appear to be much better.
    Ex: Within the last 40 years, information has undergone remarkable elevation.
    * alcanzar + Posesivo + auge = reach + Posesivo + height.
    * ciudad en auge = boom town.
    * durante el auge de = at the height of, during the height of, during the heyday of.
    * en auge = in ascendancy, buoyant, booming, on the rise, at high tide.
    * en pleno auge = in full cry, at its height.
    * en sus años de auge = in + Posesivo + heyday.
    * estar en auge = go + strong.

    * * *
    estaba en el auge de su carrera he was at the peak o height of his career
    un artista que alcanzó su auge en los años veinte an artist who reached his peak o had his heyday in the twenties
    2
    (aumento): la comida vegetariana está en auge vegetarian food is on the increase o is enjoying a boom
    el idioma español está tomando un gran auge internacional Spanish is rapidly gaining in importance worldwide
    un período de auge económico a period of economic growth
    * * *

    auge sustantivo masculino

    ◊ en el auge de su carrera at the peak o height of his career

    b) ( aumento):


    un período de auge económico a period of economic growth
    auge sustantivo masculino peak
    Econ boom: el cine cubano está en pleno auge, Cuban cinema is at its very peak
    ' auge' also found in these entries:
    English:
    boom
    - rise
    - booming
    - heyday
    * * *
    auge nm
    1. [apogeo]
    estar en (pleno) auge to be booming;
    una idea que está cobrando auge an idea that is becoming more popular
    2. [ascenso]
    el auge del fascismo en la primera mitad de siglo the rise of fascism during the first half of the century;
    el auge de la economía the growth of the economy
    * * *
    m peak;
    estar en auge aumento be enjoying a boom
    * * *
    auge nm
    1) : peak, height
    2) : boom, upturn

    Spanish-English dictionary > auge

  • 5 экономика экономик·а

    восстановить / оздоровить экономику — to stage an economic recovery

    наносить урон / ущерб экономике, парализовать экономику — to cripple economy

    оживить экономику — to animate / to revitalize the economy

    подрывать / разрушать экономику — to erode the economy

    военная — defence / military / war economy

    вялая экономика, экономика низкой конъюнктуры — low pressure economy

    денежная / монетарная экономика — monetary / money economy

    дефицитная экономика — economy of scarcity, shortage economy

    замкнутая / изолированная / обособленная экономика (не имеющая внешних связей) — closed economy

    застойная экономика — sick / stagnant economy

    индустриальная / промышленно развитая экономика — industrial economy

    мировая экономика, экономика мирового хозяйства — international / world economy / economics

    многоотраслевая экономика — diversified / multi-branch economy

    плановая экономика — plan-based / planned economy, planned economics

    развивающаяся экономика — developing / expanding economy

    развитая экономика — advanced / developed economy

    рыночная экономика, экономика, ориентирующаяся на развитие рыночных связей — market-oriented / exchange economy, market system

    слабая / больная экономика — ailing economy

    стабильная / устойчивая экономика — stationary / steady-state economy

    взаимозависимость / взаимосвязь экономик различных стран — interdependence of economies

    вопросы экономики — economic problems / questions

    замедление / спад темпов роста экономики — slackening in the rate of economic growth

    кооперативный сектор экономики — economy's cooperative sector, cooperative sector of economy

    оживление экономики — revitalization of economy, revival in the economy

    подрыв / разрушение экономики — erosion of economy

    руководство / управление экономикой — economic management

    спад в экономике — slowing / slackening of the economy

    функционирование экономики — economic performance, operation of economy

    экономика высокой конъюнктуры / "высокого давления" — high pressure economy

    экономика, испытывающая затруднения — faltering economy

    экономика сельского хозяйства — rural / farm economy / economics

    экономика страны — national economy, national economic enterprise

    Russian-english dctionary of diplomacy > экономика экономик·а

  • 6 económico

    adj.
    1 economic, economical, saving, sparing.
    2 cost-reducing, cost-cutting, cash-saving, economical.
    3 economic, related to economics.
    4 cheap to run, economic, cost-effective.
    5 inexpensive, cheap, low-priced, knockdown.
    * * *
    1 (gen) economic
    2 (barato) cheap, economical, inexpensive
    3 (persona) thrifty, careful with money
    \
    crisis económica economic crisis, recession
    * * *
    (f. - económica)
    adj.
    * * *
    ADJ
    1) [gen] economic; [año] fiscal, financial
    2) (=barato) economical, inexpensive

    edición económica — cheap edition, popular edition

    3) (=ahorrativo) thrifty; pey miserly
    ECONÓMICO ¿"Economic" o "economical"? ► El adjetivo económico se traduce por economic cuando se refiere al comercio o las finanzas: China ha vivido cinco años de reformas económicas China has lived through five years of economic reforms ... el ritmo del crecimiento económico...... the pace of economic growth... ► Económico se traduce por economical cuando se usa para describir algo que presenta una buena relación calidad-precio: Resulta más económico tener un coche de gasoil It is more economical to have a diesel-engined car Economic se puede usar en inglés para traducir rentable: Mantendremos las tarifas altas para que el servicio resulte rentable We shall keep the fares high to make the service economic Para otros usos y ejemplos ver la entrada
    * * *
    - ca adjetivo
    1) <crisis/situación> economic (before n); <problema/independencia> financial
    2)
    a) <piso/comida> cheap; <restaurante/hotel> cheap, inexpensive
    b) ( que gasta poco) < motor> economical; < persona> thrifty
    * * *
    - ca adjetivo
    1) <crisis/situación> economic (before n); <problema/independencia> financial
    2)
    a) <piso/comida> cheap; <restaurante/hotel> cheap, inexpensive
    b) ( que gasta poco) < motor> economical; < persona> thrifty
    * * *
    económico1
    1 = economic, financial, fiscal, monetary, monied, pecuniary, budget, moneyed.

    Ex: Generally, the availability of centralised cataloguing records will, if the economic aspects are favourable, encourage uniformity.

    Ex: SIA in the United Kingdom covers information on travel and transport, economics in EEC countries, construction of nuclear power stations, and financial information.
    Ex: The effect of fiscal pressures is particularly evident for government on-line systems, such as DOE/RECON.
    Ex: For example, if the local currency is Belgian francs, monetary amount are always entered in whole francs.
    Ex: This will shift the dynamics of information flow to policymakers to favour monied special interests, which threatens the democratic process.
    Ex: George Watson Cole refers to his mental derangement and pecuniary embarrassment.
    Ex: The aricle has the title ' budget CD-Rewritable drives: to get the best deal, buy a CD-RW drive that's not top of the line'.
    Ex: It is generally recognized that collecting money from moneyed deadbeats is as much a social problem as street thuggery.
    * apoyo económico = financial backing.
    * ayuda económica = fund assistance, financial assistance, grant money, grant, cash grant.
    * bache económico = economic doldrums.
    * brigada de delitos económicos = fraud squad.
    * burbuja económica = price bubble.
    * capacidad económica = earning capacity, earning power.
    * capital económico = financial capital.
    * Clasificación Industrial General de las Actividades Económicas = General Industrial Classification of Economic Activities (NACE).
    * clima económico = economic climate.
    * comprobación de las necesidades económicas = means-testing, means test.
    * comprobar las necesidades económicas = means test.
    * Comunidad Económica Europea (CEE) = European Economic Community (EEC).
    * con poco recursos económicos = low-budget.
    * crisis económica = economic crisis, economic slump, difficult economic times, economic depression, economic doldrums.
    * crisis económica mundial = global economic slump.
    * cuestión económica = economic issue, financial issue.
    * depresión económica = economic depression, economic doldrums.
    * de recesión económica = recessionary.
    * desastre económico = financial disaster, economic disaster.
    * desde un punto de vista económico = economically.
    * de un modo económico = economically.
    * donación económica = monetary donation.
    * donación económica de fundación = endowment fund.
    * económico-técnico = economic-technical.
    * eficacia económica = economic efficiency.
    * ejercicio económico = business year, accounting year.
    * en tiempos de recesión económica = in recessionary times.
    * equiparación económica = economic levelling.
    * estatus económico = economic status.
    * evaluación de las necesidades económicas = means-testing, means test.
    * evaluar las necesidades económicas = means test.
    * fondo económico = funds.
    * hastiado de la recesión económica = recession-weary.
    * historiador económico = economic historian.
    * incertidumbre económica = economic uncertainty.
    * índice económico = economic index.
    * influencia económica = economic influence.
    * información económica = business news.
    * informe económico = economic report.
    * interés económico = economic interest.
    * mala racha económica = economic doldrums.
    * medida económica = economic measure.
    * memoria económica = economic report.
    * modelo económico = economic model.
    * necesidad económica = economic necessity, economic need.
    * nivelación económica = economic levelling.
    * no económico = non-economic [noneconomic].
    * pasar apuros económicos = lead + a precarious existence.
    * política económica = political economy.
    * político-económico = politico-economic.
    * presión económica = economic pressure.
    * que se concede en función de las necesidades económicas = means-tested.
    * recesión económica = economic recession, difficult economic times, economic depression.
    * recortes económicos = economic retrenchment.
    * recuperación económica = economic recovery.
    * reforma económica = economic reform.
    * respaldo económico = financial backing.
    * riesgo económico = financial risk.
    * sanción económica = economic penalty, economic sanction.
    * sistema económico = economic system.
    * situación económica = economic status.
    * situación económica, la = economics of the situation, the.
    * socioeconómico = socioeconomic [socio-economic].
    * teoría económica = economic theory.
    * trastorno económico = economic upheaval.
    * valor económico = economic value, monetary worth.

    económico2
    2 = cheap [cheaper -comp., cheapest -sup.], cost-effective [cost effective], economical, inexpensive, cost-efficient [cost efficient], dollar-saving, money-saving, thrifty [thriftier -comp., thriftiest -sup.], cut-price, cut-rate, affordable.

    Ex: These indexes are both cheap and quick to produce.

    Ex: OFFSEARCH is a means of running a search overnight on more than one data base, in a cost-effective mode.
    Ex: Fixed length fields the are economical on storage space, and records using fixed length fields are quick and easy to code.
    Ex: a microcomputer will need an inexpensive software package in order to suitable for external communication.
    Ex: Good libraries are a cost-efficient integral part of an effective correctional programme in a detention centre.
    Ex: The article 'Two dollar-saving search tips' explains how to eliminate duplicate citations when printing out search results.
    Ex: It is ironic that reduced funding may threaten money-saving automation plans.
    Ex: As such, the library serves a large blue collar population of thrifty, hardworking people with a predilection toward conservatism in lifestyle and thought.
    Ex: Turkey is heavily promoted by tour operators as an idyllic holiday destination, the cut-price alternative to Greece or Cyprus.
    Ex: Most of these cut-rate laptops include a one-year parts and labor warranty.
    Ex: Information will become more affordable, accessible, and plentiful.
    * alojamiento económico = budget accommodation.
    * de forma económica = cost-effectively.
    * de un modo económico = thriftily.
    * de un modo poco económico = wastefully.
    * hotel económico = budget hotel.

    * * *
    A ‹crisis/situación› economic ( before n)
    tienen problemas económicos they have financial problems
    B
    1 ‹piso/comida› cheap; ‹restaurante/hotel› cheap, inexpensive
    2 (que gasta poco) ‹motor› economical; ‹persona› thrifty
    * * *

     

    económico
    ◊ -ca adjetivo

    1 ‹crisis/situación› economic ( before n);
    ‹problema/independencia› financial
    2
    a) ‹piso/comida› cheap;

    ‹restaurante/hotel› cheap, inexpensive

    ‹ persona› thrifty
    económico,-a adjetivo
    1 (país, empresa) economic
    (persona) financial: tienen problemas económicos, they have financial troubles
    2 (barato) economical, inexpensive: el traje me salió muy económico, the suit was very cheap
    comidas económicas, cheap meals
    3 (persona ahorradora) thrifty
    Recuerda que el adjetivo economic, relativo a la economía, no es igual al adjetivo economical, que significa económico, barato.
    ' económico' also found in these entries:
    Spanish:
    ajuste
    - ámbito
    - beneficio
    - bloqueo
    - desajuste
    - despegue
    - económica
    - ejercicio
    - holgura
    - nivel
    - respaldo
    - revés
    - auge
    - clima
    - desbarajuste
    - orden
    - plan
    - refugiado
    - sostén
    English:
    budget
    - business
    - cheap
    - diner
    - ease
    - economic
    - economical
    - fall back on
    - financial
    - inexpensive
    - thrifty
    - wasteful
    - café
    - economics
    - support
    - third
    - uneconomical
    * * *
    económico, -a adj
    1. [asunto, doctrina, crisis] economic;
    la política económica del gobierno the government's economic policy;
    una familia con problemas económicos a family with financial problems;
    mi situación económica es desesperante my financial situation is desperate
    2. [barato] cheap, low-cost;
    pagándolo al contado te sale más económico it works out cheaper if you pay in cash
    3. [que gasta poco] [motor, aparato] economical;
    [persona] thrifty
    * * *
    adj
    1 economic
    2 ( barato) economical
    * * *
    económico, -ca adj
    : economic, economical
    * * *
    1. (de la economía) economic
    2. (que gasta poco) economical
    3. (que cuesta poco) inexpensive

    Spanish-English dictionary > económico

  • 7 ekonomiczny

    adj
    (kryzys, polityka) economic; ( samochód) economical
    * * *
    a.
    1. (= gospodarczy) economic; kryzys ekonomiczny economic crisis; rozwój ekonomiczny economic growth; studia ekonomiczne economics.
    2. (= oszczędny) economical, efficient; ekonomiczny samochód economical automobile; ekonomiczne ogrzewanie high-efficiency heating.

    The New English-Polish, Polish-English Kościuszko foundation dictionary > ekonomiczny

  • 8 Steigerung

    Steigerung f 1. BÖRSE run-up; 2. GEN advance, boom, increase, rise; speed-up (Inflationsrate)
    * * *
    f 1. < Börse> run-up; 2. < Geschäft> advance, boom, increase, rise, Inflationsrate speed-up
    * * *
    Steigerung
    progression, rise, intensification, boost, (Kurse, Preise) rise, increase, advance, improvement, enhancement, upward movement (trend), raising, (im Wert) appreciation, increment, increase in value;
    • jährliche Steigerung (Gehalt) annual increase;
    • leichte Steigerung slight increase;
    • plötzliche Steigerung boom;
    • sprunghafte Steigerung rise by leaps and bounds, jump in prices;
    • Steigerung der Beschäftigung growth of employment;
    • Steigerung der Betriebskosten increase in operating costs;
    • Steigerung auf einen neuen Höchstkurs advance to a new high;
    • Steigerung der Kapitalintensität capital deepening;
    • Steigerung des PKW-Bestands increase in car ownership;
    • Steigerung des Sozialprodukts economic growth;
    • Steigerung aufweisen to show a rise (an increase, an uptick);
    • Steigerung erfahren to show a rising tendency, to undergo a rise;
    • bedeutende Steigerung erfahren to improve considerably;
    • unerwartete Steigerung erfahren to soar;
    • in rascher Steigerung neue Höchstkurse erzielen to shoot into new high ground;
    • der Steigerung der Lebenshaltungskosten Einhalt gebieten to control the rise in the cost of living;
    • schnellen Steigerungen unterworfen sein to move briskly ahead;
    • Steigerung verzeichnen to experience (show) a rise.

    Business german-english dictionary > Steigerung

  • 9 Elendsindex

    Elendsindex m WIWI discomfort index, misery index (a measure of economic well-being –Maß der wirtschaftlich-materiellen Lebenslage– initiated in the 1970s by R. Barro, computed as unemployment rate + inflation rate; the assumption is that an increasing unemployment rate and relatively high inflation have a negative impact on economic growth, leading to lower real consumer expenditure and contributing to an economic slow-down, a very simple but questionable approach)
    * * *
    m <Vw> discomfort index, misery index

    Business german-english dictionary > Elendsindex

  • 10 траєкторія

    ж мат.
    trajectory; path

    крута траєкторія — high trajectory; амер. curved trajectory

    настильна траєкторія — flat trajectory, low trajectory

    Українсько-англійський словник > траєкторія

  • 11 высокие темпы экономического развития

    Универсальный русско-английский словарь > высокие темпы экономического развития

  • 12 кредитно-денежная политика

    Направлена на достижение или поддержание полной занятости, высокого темпа экономического роста, стабилизацию цен и зарплаты. Кредитно-денежная политика относится к сфере деятельности центрального банка страны. — It aims to achieve or maintain full employment, to achieve or maintain a high rate of economic growth, and to stabilize prices and wages. Monetary policy is the domain of a nation's central bank.

    политика, макроэкономическая (Установление правительством общих целей для экономики в целом и применение инструментов регулирования для достижения этих целей.) — macroeconomic policy

    политика, микроэкономическая (Установление правительством целей для отдельных рынков или отраслей и применение инструментов регулирования для достижения этих целей.) — microeconomic policy

    Меры, принимаемые предприятием в связи с прекращением работы старших по возрасту работников. — The arrangements made by an undertaking in connection with the cessation of work by its older employees.

    Russian-English Dictionary "Microeconomics" > кредитно-денежная политика

  • 13 elevado

    adj.
    1 elevated, upland, high, towering.
    2 lofty, elevated, rarified, rarefied.
    3 dignified.
    4 high.
    5 elevated, high, steep.
    past part.
    past participle of spanish verb: elevar.
    * * *
    1→ link=elevar elevar
    1 (gen) high
    2 figurado lofty, noble
    \
    elevado,-a a MATEMÁTICAS raised to
    * * *
    (f. - elevada)
    adj.
    1) high
    * * *
    1. ADJ
    1) [en nivel] [precio, temperatura, cantidad] high; [velocidad] high, great; [ritmo] great
    2) [en altura] [edificio] tall; [montaña, terreno] high
    paso II, 1., 2)
    3) (=sublime) [estilo] elevated, lofty; [pensamientos] noble, lofty
    4) [puesto, rango] high, important
    2.
    SM Cuba (Ferro) overhead railway; (Aut) flyover, overpass (EEUU)
    * * *
    - da adjetivo
    1) <terreno/montaña> high; < edificio> tall, high
    2) < cantidad> large; <precio/impuestos/índice> high; < pérdidas> heavy, substantial
    3) <categoría/calidad> high; <puesto/posición> high
    4) <ideas/pensamientos> noble, elevated; < estilo> lofty, elevated
    * * *
    = sharply rising, steep [steeper -comp., steepest -sup.], heightened, raised, lofty [loftier -comp., loftiest -sup.], elevated, soaring, hefty [heftier -comp., heftiest -sup.].
    Ex. The end of the eighteenth century saw a sharply rising demand for cheap print, associated with increases in population and in literacy which occurred all over Europe.
    Ex. The graph of the growth of the subject shows an initial flat, a steep climb, a small flat, and a rapid decline.
    Ex. The heightened level of community awareness has led some local authorities to take the initiative and to become information disseminators in their own right.
    Ex. The cords themselves could be placed either outside the backs of the folded sheets, where they would show as raised bands across the spine of the book, or in slots sawn into the folds to give the book a flat back.
    Ex. Librarians across the world should set themselves the lofty task of striving to create a global society in which people enjoy peaceful coexistence.
    Ex. Public investment in rebuilding the church and the gifts of individual donors were important indications of its elevated social standing.
    Ex. Detailed images of soaring aisles, delicate carvings, and stained-glass windows from the 12th and 13th centuries are captured on this new Web site.
    Ex. Research publication had to adopt the same economic model as trade publication, and research libraries the world over paid the hefty price = Las publicaciones científicas tuvieron que adoptar el mismo modelo económico que las publicaciones comerciales y las bibliotecas universitarias de todo el mundo pagaron un precio elevado.
    ----
    * aljibe elevado = water tower.
    * camino elevado = causeway.
    * carretera elevada = causeway.
    * cisterna elevada = water tower.
    * depósito de agua elevado = water tower.
    * excepcionalmente elevado = exceptionally high.
    * ferrocarril elevado = elevated railroad.
    * lo bastante elevado = high enough.
    * Número + elevado a la potencia de + Número = Número + to the power of + Número.
    * paso elevado = overpass.
    * paso elevado de peatones = pedestrian overpass.
    * paso elevado para peatones = pedestrian overpass.
    * posición elevada = high ground.
    * ser elevado = be steep.
    * temperatura elevada = elevated temperature.
    * terreno elevado = high ground.
    * * *
    - da adjetivo
    1) <terreno/montaña> high; < edificio> tall, high
    2) < cantidad> large; <precio/impuestos/índice> high; < pérdidas> heavy, substantial
    3) <categoría/calidad> high; <puesto/posición> high
    4) <ideas/pensamientos> noble, elevated; < estilo> lofty, elevated
    * * *
    = sharply rising, steep [steeper -comp., steepest -sup.], heightened, raised, lofty [loftier -comp., loftiest -sup.], elevated, soaring, hefty [heftier -comp., heftiest -sup.].

    Ex: The end of the eighteenth century saw a sharply rising demand for cheap print, associated with increases in population and in literacy which occurred all over Europe.

    Ex: The graph of the growth of the subject shows an initial flat, a steep climb, a small flat, and a rapid decline.
    Ex: The heightened level of community awareness has led some local authorities to take the initiative and to become information disseminators in their own right.
    Ex: The cords themselves could be placed either outside the backs of the folded sheets, where they would show as raised bands across the spine of the book, or in slots sawn into the folds to give the book a flat back.
    Ex: Librarians across the world should set themselves the lofty task of striving to create a global society in which people enjoy peaceful coexistence.
    Ex: Public investment in rebuilding the church and the gifts of individual donors were important indications of its elevated social standing.
    Ex: Detailed images of soaring aisles, delicate carvings, and stained-glass windows from the 12th and 13th centuries are captured on this new Web site.
    Ex: Research publication had to adopt the same economic model as trade publication, and research libraries the world over paid the hefty price = Las publicaciones científicas tuvieron que adoptar el mismo modelo económico que las publicaciones comerciales y las bibliotecas universitarias de todo el mundo pagaron un precio elevado.
    * aljibe elevado = water tower.
    * camino elevado = causeway.
    * carretera elevada = causeway.
    * cisterna elevada = water tower.
    * depósito de agua elevado = water tower.
    * excepcionalmente elevado = exceptionally high.
    * ferrocarril elevado = elevated railroad.
    * lo bastante elevado = high enough.
    * Número + elevado a la potencia de + Número = Número + to the power of + Número.
    * paso elevado = overpass.
    * paso elevado de peatones = pedestrian overpass.
    * paso elevado para peatones = pedestrian overpass.
    * posición elevada = high ground.
    * ser elevado = be steep.
    * temperatura elevada = elevated temperature.
    * terreno elevado = high ground.

    * * *
    elevado1 -da
    A ‹terreno/montaña› high; ‹edificio› tall, high
    B ‹cantidad› large; ‹precio/impuestos› high
    un número elevado de casos a large number of cases
    las pérdidas han sido elevadas there have been heavy o substantial losses
    un elevado índice de abstención a high rate of abstention
    C ‹categoría/calidad› high
    tiene un puesto muy elevado he has a very high o important position
    D ‹ideas/pensamientos› noble, elevated; ‹estilo› lofty, elevated
    la conversación adquirió un tono elevado the tone of the conversation became rather highbrow o elevated
    fly
    * * *

    Del verbo elevar: ( conjugate elevar)

    elevado es:

    el participio

    Multiple Entries:
    elevado    
    elevar
    elevado
    ◊ -da adjetivo

    1 ‹terreno/montaña› high;
    ‹ edificio› tall, high
    2
    a) ‹ cantidad› large;

    ‹precio/impuestos› high;
    ‹ pérdidas› heavy, substantial
    b) ‹categoría/calidad/posición› high

    c) ‹ideas/pensamientos› noble, elevated;

    ‹ estilo› lofty, elevated
    elevar ( conjugate elevar) verbo transitivo
    1 (frml)

    b) ‹espíritu/mente› to uplift

    c) ‹muro/nivel› to raise, make … higher

    2 (frml)
    a) ( aumentar) ‹precios/impuestos› to raise, increase;

    ‹ nivel de vida› to raise
    b) ‹voz/tono› to raise

    elevarse verbo pronominal
    1 ( tomar altura) [avión/cometa] to climb, gain height;
    [ globo] to rise, gain height
    2 (frml) ( aumentar) [ temperatura] to rise;
    [precios/impuestos] to rise, increase;
    [tono/voz] to rise
    3 (frml) ( ascender):
    ◊ la cifra se elevaba ya al 13% the figure had already reached 13%

    elevado,-a adjetivo
    1 (temperatura) high
    (torre, construcción) tall
    2 (altruista, espiritual) noble
    elevar verbo transitivo
    1 to raise
    2 Mat to raise (to the power of)
    elevar al cuadrado, to square
    elevar al cubo, to cube
    elevado a la cuarta, etc, potencia, to raise to the power of four, etc
    ' elevado' also found in these entries:
    Spanish:
    alta
    - alto
    - elevar
    - elevada
    - carestía
    - cuadrado
    - grande
    - paso
    English:
    elevate
    - flyover
    - high
    - overhead
    - overpass
    - causeway
    - elevated
    - fly
    - grand
    - lofty
    - over
    - upper
    * * *
    elevado, -a adj
    1. [alto] [monte, terreno, precio, inflación] high;
    un elevado edificio a tall building;
    era de elevada estatura he was tall in stature;
    una persona de elevada estatura a person tall in stature;
    un elevado número de accidentes a large o high number of accidents;
    consiguieron elevados beneficios they made a large profit;
    ocupa un elevado cargo en la empresa she has a high-ranking position in the company
    2. [noble] lofty, noble;
    elevados ideales lofty o noble ideals
    3. [estilo, tono, lenguaje] elevated, sophisticated;
    emplea un vocabulario muy elevado she uses very sophisticated vocabulary
    * * *
    adj high; fig
    elevated
    * * *
    elevado, -da adj
    1) : elevated, lofty
    2) : high
    * * *
    elevado adj high

    Spanish-English dictionary > elevado

  • 14 posición

    f.
    1 position, exact position, bearing, location.
    2 standing, reputation, status.
    3 attitude, stand, position, stance.
    4 position.
    5 position, job, billet.
    6 place, social standing.
    7 situs.
    * * *
    1 (postura, situación) position
    * * *
    noun f.
    * * *
    SF
    1) (=postura) position

    estar en posición de firme — (Mil) to be at attention

    2) (=lugar) position
    3) (=categoría) position, standing
    4) (=punto de vista) position, stance

    ¿cuál es su posición en este conflicto? — what's your position o stance on this dispute?

    5) [en competición, liga] place, position

    ganó Alemania con Italia en segunda posición — Germany won, with Italy in second place o position

    posiciones de honor — first three places, medal positions

    perder posiciones — [en lucha, enfrentamiento] to lose ground

    6) LAm (=puesto de trabajo) position, post
    * * *
    1)
    a) (lugar, puesto) position

    en (la) quinta posición... — he finished the race in fifth place...

    b) (Mil) position
    2)
    a) ( situación) position
    b) ( en la sociedad) social standing

    gente de buena posición or de posición elevada — people of high social standing

    3)
    a) ( postura física) position
    b) ( actitud) position, stance

    adoptar una posición intransigente — to take o adopt a tough stance

    * * *
    = attitude, character position, location, position, position, ranking, footing, stand, rank number, stance, standing, grading, mindshare.
    Ex. One major hurdle remain before wider implementation can be expected user attitudes and acceptance of this physical form of catalogue and index.
    Ex. The record length is the number of character positions in the record including the record label and the record separator.
    Ex. Having been alerted to the existence of a document, the user needs information concerning the actual location of the document, in order that the document may be read.
    Ex. He has held a variety of positions of increasing responsibility.
    Ex. The directory is a finding list which lists for every field its tag, the number of characters in the field, and the starting character position of the field within the record.
    Ex. Those documents with sufficiently high rankings will be deemed relevant and eventually retrieved.
    Ex. Certain new factors have fertilized the ground for the rooting and growth of activity on a stronger and firmer footing than has ever been possible in the past.
    Ex. The Midwinter Meeting of the American Library Association included various items of business such as: the ALA stand on UNESCO; a new dues schedule; grants; role of school librarians in ALA; new cataloguing tools; and standards.
    Ex. The article is entitled 'Journal ranking: the issue of allotting rank numbers when there is a tie'.
    Ex. It is precisely such programme arrangements which seemed, upon examination, to produce an equivocal stance on the question of applying the technology in a user-orientated way.
    Ex. Their sheer institutional standing and regard have had a bearing upon the creation of a situation which is a good deal better than it might otherwise have been.
    Ex. It is interesting that, in this case, socio-economic grading was a better social discriminator than was terminal educational age.
    Ex. Libaries mindshare in this new self-service e-resource environment is also clear: behind newer entrants.
    ----
    * alta posición = high estate.
    * aprovecharse de + Posesivo + posición = take + advantage of + Posesivo + position.
    * cambiar de posición = transpose, reposition [re-position].
    * colocarse en la posición de = place + Reflexivo + in the position of.
    * de posición intermedia = middle-ground.
    * en la mejor posición = best-positioned.
    * en posición correcta = the right way round.
    * estar en la mejor posición para = be best positioned to.
    * estar en posición de = be in a position to.
    * mantener la posición = hold + the line.
    * ocupar la mejor posición para = be in the best position to, be best positioned to, be the best placed to.
    * ocupar una posición = take + position, fill + niche, occupy + a niche.
    * ocupar una posición de = be in position of.
    * ocupar un posición = occupy + position.
    * posición de comienzo = offset value.
    * posición del loto, la = lotus position, the, padmasana.
    * posición de poder = position power.
    * posición de ventaja = high ground.
    * posición elevada = high ground.
    * posición estratégica = vantage point.
    * posición geográfica = geolocation.
    * posición incorrecta, en = wrong way round, the.
    * posición inicial = lead position, starting position.
    * posición intermedia = middle way.
    * posición privilegiada = advantageous position.
    * posición social = social standing.
    * posición ventajosa = vantage point, high ground.
    * primera posición = pole position, pole start.
    * primera posición de salida = pole start, pole position.
    * que ocupa la mejor posición = best-positioned.
    * reconsiderar posición = reconsider + position.
    * * *
    1)
    a) (lugar, puesto) position

    en (la) quinta posición... — he finished the race in fifth place...

    b) (Mil) position
    2)
    a) ( situación) position
    b) ( en la sociedad) social standing

    gente de buena posición or de posición elevada — people of high social standing

    3)
    a) ( postura física) position
    b) ( actitud) position, stance

    adoptar una posición intransigente — to take o adopt a tough stance

    * * *
    = attitude, character position, location, position, position, ranking, footing, stand, rank number, stance, standing, grading, mindshare.

    Ex: One major hurdle remain before wider implementation can be expected user attitudes and acceptance of this physical form of catalogue and index.

    Ex: The record length is the number of character positions in the record including the record label and the record separator.
    Ex: Having been alerted to the existence of a document, the user needs information concerning the actual location of the document, in order that the document may be read.
    Ex: He has held a variety of positions of increasing responsibility.
    Ex: The directory is a finding list which lists for every field its tag, the number of characters in the field, and the starting character position of the field within the record.
    Ex: Those documents with sufficiently high rankings will be deemed relevant and eventually retrieved.
    Ex: Certain new factors have fertilized the ground for the rooting and growth of activity on a stronger and firmer footing than has ever been possible in the past.
    Ex: The Midwinter Meeting of the American Library Association included various items of business such as: the ALA stand on UNESCO; a new dues schedule; grants; role of school librarians in ALA; new cataloguing tools; and standards.
    Ex: The article is entitled 'Journal ranking: the issue of allotting rank numbers when there is a tie'.
    Ex: It is precisely such programme arrangements which seemed, upon examination, to produce an equivocal stance on the question of applying the technology in a user-orientated way.
    Ex: Their sheer institutional standing and regard have had a bearing upon the creation of a situation which is a good deal better than it might otherwise have been.
    Ex: It is interesting that, in this case, socio-economic grading was a better social discriminator than was terminal educational age.
    Ex: Libaries mindshare in this new self-service e-resource environment is also clear: behind newer entrants.
    * alta posición = high estate.
    * aprovecharse de + Posesivo + posición = take + advantage of + Posesivo + position.
    * cambiar de posición = transpose, reposition [re-position].
    * colocarse en la posición de = place + Reflexivo + in the position of.
    * de posición intermedia = middle-ground.
    * en la mejor posición = best-positioned.
    * en posición correcta = the right way round.
    * estar en la mejor posición para = be best positioned to.
    * estar en posición de = be in a position to.
    * mantener la posición = hold + the line.
    * ocupar la mejor posición para = be in the best position to, be best positioned to, be the best placed to.
    * ocupar una posición = take + position, fill + niche, occupy + a niche.
    * ocupar una posición de = be in position of.
    * ocupar un posición = occupy + position.
    * posición de comienzo = offset value.
    * posición del loto, la = lotus position, the, padmasana.
    * posición de poder = position power.
    * posición de ventaja = high ground.
    * posición elevada = high ground.
    * posición estratégica = vantage point.
    * posición geográfica = geolocation.
    * posición incorrecta, en = wrong way round, the.
    * posición inicial = lead position, starting position.
    * posición intermedia = middle way.
    * posición privilegiada = advantageous position.
    * posición social = social standing.
    * posición ventajosa = vantage point, high ground.
    * primera posición = pole position, pole start.
    * primera posición de salida = pole start, pole position.
    * que ocupa la mejor posición = best-positioned.
    * reconsiderar posición = reconsider + position.

    * * *
    A
    1 (lugar, puesto) position
    me indicó su posición en el mapa she showed me its position o where it was on the map
    terminó la carrera en (la) quinta posición he finished the race in fifth place
    el dólar recuperó posiciones frente al yen the dollar recovered against the yen
    2 ( Mil) position
    bombardearon las posiciones enemigas they bombarded the enemy positions o lines
    Compuestos:
    ● posición adelantada or de adelanto
    ( Chi) offside position
    starting position
    B
    1 (situación) position
    no estoy en posición de hacer críticas a nadie I'm in no position to criticize anyone
    2 (en la sociedad) social standing
    gente de buena posiciónor de posición elevada people of high social standing
    un hombre de posición a man of some standing
    es de una familia de posición desahogada his family is comfortably off
    posición dominante en el mercado dominant market position
    C
    coloquen sus asientos en posición vertical put your seats in an upright position
    2 (actitud) position, stance
    adoptaron una posición intransigente they took a tough stand, they adopted a tough stance
    Compuestos:
    at ease
    en posición de descanso (standing) at ease
    attention
    en posición de firmes at attention, standing to attention
    * * *

     

    posición sustantivo femenino





    ◊ adoptar una posición intransigente to take a tough stand o stance

    posición sustantivo femenino position: estoy muy incómodo en esta posición, I'm uncomfortable in this position
    mantuvo una posición muy beligerante, he adopted a beligerant position
    ' posición' also found in these entries:
    Spanish:
    abajo
    - ala
    - debilitar
    - después
    - ir
    - inferior
    - luz
    - opuesta
    - opuesto
    - recta
    - recto
    - señor
    - sitio
    - situarse
    - supina
    - supino
    - a
    - abusar
    - acomodado
    - adelante
    - adoptar
    - afianzar
    - alto
    - altura
    - antirreglamentario
    - bien
    - caer
    - cambiar
    - confianza
    - consolidar
    - delantero
    - desahogado
    - descanso
    - elevado
    - gozar
    - holgado
    - inmejorable
    - insostenible
    - invertido
    - marginal
    - modesto
    - óptimo
    - perfilar
    - privilegiado
    - sobre
    - superior
    - término
    - ubicación
    - vertical
    - vuelta
    English:
    abuse
    - after
    - ahead
    - along
    - ashore
    - asinine
    - at
    - away
    - before
    - between
    - bottom
    - down
    - downstairs
    - enhance
    - face
    - fire
    - fourth
    - from
    - in
    - lead
    - middle ground
    - on
    - over
    - overseas
    - parking lights
    - position
    - reach
    - reverse
    - sidelight
    - south
    - stand
    - station
    - tenuous
    - to
    - undermine
    - up
    - vantage point
    - attention
    - better
    - location
    - self
    - setting
    - sit
    - something
    - standing
    - status
    - tread
    - worse
    * * *
    1. [postura física] position
    posición fetal foetal position;
    posición de loto lotus position
    2. [puesto] position;
    el equipo ha recuperado posiciones con respecto al líder the team has closed the gap on the leader;
    posición ventajosa vantage point
    3. [lugar] position;
    tomaron las posiciones enemigas they took the enemy positions
    4. [situación] position;
    no estoy en posición de opinar I'm not in a position to comment;
    estoy en una posición muy difícil I'm in a very difficult position
    5. [categoría] [social] status;
    [económica] situation;
    está en una posición económica difícil he's in a difficult financial situation
    * * *
    f
    1 tb MIL, fig
    position;
    en buena posición en clasificación in a good position, well-placed;
    2 social standing, status;
    de posición of some standing
    * * *
    posición nf, pl - ciones
    1) : position, place
    2) : status, standing
    3) : attitude, stance
    * * *
    posición n position

    Spanish-English dictionary > posición

  • 15 показатель показател·ь

    1) (необходимости чего-л.) indication, sign; (указатель чего-л.) indicator, index

    показатели развития экономики страны — indices / indicators of national economic development

    2) эк. index; (коэффициент) rate; (признак) indicator

    сводные / укрупнённые показатели — aggregates

    показатель общественного / социально-экономического развития — social indicator

    Russian-english dctionary of diplomacy > показатель показател·ь

  • 16 tremendo

    adj.
    1 tremendous, extraordinary, huge, colossal.
    2 great, royal.
    3 terrible, naughty.
    4 crushing, large.
    * * *
    1 (terrible) terrible, dreadful, frightful
    2 (muy grande) huge, enormous, tremendous
    3 (travieso) terrible
    \
    tomarse algo por la tremenda figurado to make a great fuss about something
    * * *
    (f. - tremenda)
    adj.
    * * *
    ADJ
    1) * (=grandísimo) tremendous
    2) (=terrible) terrible, horrific
    3) * (=divertido)

    es tremendo, ¿eh? — he's something else, isn't he? *

    4) * (=travieso)
    * * *
    - da adjetivo
    1) ( terrible) terrible, dreadful

    tiene (un) tremendo chichón — (AmL) he has a huge o massive o terrible bump on his head

    me dio (una) tremenda patada — (AmL) he kicked me really hard

    2) (fam) ( travieso) terrible, naughty; ( desobediente) disobedient, terrible
    * * *
    = daunting, formidable, phenomenal, terrific, tremendous, hefty [heftier -comp., heftiest -sup.], of the highest order, awesome.
    Ex. One of the most daunting aspect of music cataloguing arises from the fact that music and music recordings have international value.
    Ex. 'It's up to you to see that things are done,' she defended herself, somewhat nervous and abashed by his formidable stare.
    Ex. Over the last 10 years public archive material has come under increased pressure because of the growing numbers of users and the phenomenal expansion in the range of material.
    Ex. However, fiction -- from a public library standpoint, but not from a research or academic standpoint -- is a terrific example of undercataloging.
    Ex. There has been tremendous growth in libraries since then, but, fundamentally, it has been possible to build on the foundation that nineteenth-century heroes constructed.
    Ex. Research publication had to adopt the same economic model as trade publication, and research libraries the world over paid the hefty price = Las publicaciones científicas tuvieron que adoptar el mismo modelo económico que las publicaciones comerciales y las bibliotecas universitarias de todo el mundo pagaron un precio elevado.
    Ex. I've got to tell you, and I do say this affectionately, but we're talking about a geek of the highest order.
    Ex. In the sometimes frenetic push towards the somewhat awesome concept of Universal Bibliographic Control (UBC), the library needs of the nonscholar are easily overlooked.
    * * *
    - da adjetivo
    1) ( terrible) terrible, dreadful

    tiene (un) tremendo chichón — (AmL) he has a huge o massive o terrible bump on his head

    me dio (una) tremenda patada — (AmL) he kicked me really hard

    2) (fam) ( travieso) terrible, naughty; ( desobediente) disobedient, terrible
    * * *
    = daunting, formidable, phenomenal, terrific, tremendous, hefty [heftier -comp., heftiest -sup.], of the highest order, awesome.

    Ex: One of the most daunting aspect of music cataloguing arises from the fact that music and music recordings have international value.

    Ex: 'It's up to you to see that things are done,' she defended herself, somewhat nervous and abashed by his formidable stare.
    Ex: Over the last 10 years public archive material has come under increased pressure because of the growing numbers of users and the phenomenal expansion in the range of material.
    Ex: However, fiction -- from a public library standpoint, but not from a research or academic standpoint -- is a terrific example of undercataloging.
    Ex: There has been tremendous growth in libraries since then, but, fundamentally, it has been possible to build on the foundation that nineteenth-century heroes constructed.
    Ex: Research publication had to adopt the same economic model as trade publication, and research libraries the world over paid the hefty price = Las publicaciones científicas tuvieron que adoptar el mismo modelo económico que las publicaciones comerciales y las bibliotecas universitarias de todo el mundo pagaron un precio elevado.
    Ex: I've got to tell you, and I do say this affectionately, but we're talking about a geek of the highest order.
    Ex: In the sometimes frenetic push towards the somewhat awesome concept of Universal Bibliographic Control (UBC), the library needs of the nonscholar are easily overlooked.

    * * *
    A (terrible) terrible, dreadful
    se hallan en una situación tremenda they're in a terrible o dreadful situation
    la película tiene unas escenas tremendas the film has some horrific scenes
    tiene (un) tremendo chichón ( AmL); he has a huge o massive o terrible bump on his head
    me dio (una) tremenda patada ( AmL); he kicked me really hard
    B ( fam) (travieso) terrible, naughty; (desobediente) disobedient, terrible
    * * *

    tremendo
    ◊ -da adjetivo

    1
    a) (muy grande, extraordinario) ‹diferencia/cambio› tremendous, enormous;

    ‹velocidad/éxito› tremendous;
    ‹ chichón› huge;

    me dio (una) tremenda patada he kicked me really hard
    b) ( terrible) ‹ruido/dolor/situación› terrible;


    2 (fam) ‹ persona› terrible
    tremendo,-a adjetivo
    1 (muy grande, excesivo) tremendous
    2 (terrible) terrible
    3 (el colmo) limit: tu marido es tremendo, siempre se olvida de los cumpleaños, your husband is the limit, he always forgets birthdays
    ' tremendo' also found in these entries:
    Spanish:
    bochinche
    - bufido
    - cabreo
    - golpe
    - patinazo
    - tremenda
    - disgusto
    English:
    almighty
    - awful
    - baking
    - carry-on
    - exert
    - formidable
    - terrific
    - to-do
    - tremendous
    - unearthly
    - ungodly
    - uproar
    - fearsome
    - havoc
    - stupendous
    * * *
    tremendo, -a adj
    1. [enorme] tremendous, enormous;
    una caída/un éxito tremendo a tremendous o huge fall/success;
    se llevó un disgusto tremendo he was terribly upset
    2. [horrible] terrible;
    un espectáculo tremendo a terrible o horrific sight;
    tengo un dolor de cabeza tremendo I've got a terrible headache
    3. [enfadado]
    ponerse tremendo to get very angry
    4. [increíble]
    ¡ese niño es tremendo! that boy is a handful!;
    cuando se enfada es tremendo he's really scary when he gets angry
    5. Fam [atractivo]
    estar tremendo to be hot o Br fit
    * * *
    adj
    1 susto, imagen awful, dreadful
    2 éxito, alegría tremendous
    * * *
    tremendo, -da adj
    1) : tremendous, enormous
    2) : terrible, dreadful
    3) fam : great, super
    * * *
    1. (terrible) terrible
    2. (enorme) tremendous

    Spanish-English dictionary > tremendo

  • 17 стагфляция

    1) Economy: stagflation (Persistent, high inflation and low, halting growth, along with high unemployment, unstable exchange rates and sluggish investment are the symptoms of an economic disease that economists call stagflation.)
    3) Patents: stagflation (экономическая стагнация [застой] при одновременной инфляции)

    Универсальный русско-английский словарь > стагфляция

  • 18 valor

    intj.
    cheer up.
    m.
    1 value.
    de valor valuable
    joyas por valor de… jewels worth…
    sin valor worthless
    tiene valor sentimental it is of sentimental value
    valor adquisitivo purchasing power
    valor comercial commercial value
    valor nominal face o nominal value
    valor nutritivo nutritional value
    2 value (math & music).
    3 importance (importancia).
    su opinión es de enorme valor para nosotros her opinion is of great value o importance to us
    dar valor a to give o attach importance to
    quitar valor a algo to take away from something, to diminish the importance of something
    4 bravery, courage.
    armarse de valor to pluck up one's courage
    5 cheek, nerve (desvergüenza).
    tener el valor de hacer algo to have the cheek o nerve to do something
    6 asset, security.
    * * *
    1 (valía) value, worth, merit
    2 (precio) price
    3 (validez) value
    4 (importancia) importance
    5 (coraje) courage, valour (US valor)
    6 (desvergüenza) cheek, nerve
    7 (talento) talent
    8 MATEMÁTICAS value
    1 FINANZAS securities, bonds
    2 (principios) values
    \
    armarse de valor to pluck up courage
    dar valor a algo to attach importance to something
    de valor valuable
    por el valor de to the value of
    ¡qué valor! what a nerve!
    quitar valor a algo to reduce the value of something
    sin valor / sin ningún valor worthless
    valor adquisitivo purchasing power
    valor alimenticio food value, nutritional value
    valor de mercado market value
    valores en cartera investments
    valores inmuebles real estate sing
    * * *
    noun m.
    1) value, worth
    2) courage, heart, nerve
    •
    * * *
    SM
    1) (Com, Econ) value

    ¿cuál es el valor real de ese cuadro? — what's this painting worth in real terms?, what's the real value of this painting?

    un documento de gran valor — a very valuable document, a document of great value

    •de valor — [joya, obra] valuable

    • objetos de valor — valuables

    • por valor de — to the value of

    valor estrella — blue-chip stock, blue-chip share

    valor facial — face value, denomination

    2) (=importancia) value

    este anillo tiene un gran valor para mí — this ring means a great deal to me, this ring is very valuable to me

    • dar valor a algo, lo que le da valor musical a este trabajo es su originalidad — it is the originality of this work that gives it its musical worth o value

    • quitar valor a algo — to minimize the importance of sth

    valor alimenticio — nutritional value, food value

    3) pl valores
    a) (=principios) values
    escala 1), juicio 3)
    b) (Econ) (=títulos) securities, stocks, bonds

    valores fiduciarios — fiduciary issue [sing], banknotes

    4) (=persona famosa) star
    5) (=validez) validity

    • tener valor — to be valid

    7) (Mat) value
    8) (Mús) value
    9) (=coraje) bravery, courage

    el valor de los soldados — the bravery o courage of the soldiers

    • armarse de valor — to pluck up (the) courage

    10) * (=descaro) nerve *

    ¿cómo puedes tener el valor de negarlo? — how do you have the nerve to deny it? *

    * * *
    1)
    a) (Com, Fin) value

    libros por valor de $150 — books to the value of $150

    droga por (un) valor de... — drugs worth o with a value of...

    b) (importancia, mérito) value

    ¿qué valor tiene si lo copió? — what merit is there in it if he copied it?

    c) ( validez) validity
    2) valores masculino plural (Econ, Fin) securities (pl), stocks (pl), shares (pl)
    3) ( persona)
    4) valores masculino plural ( principios morales) values (pl)
    5) (coraje, valentía) courage
    6) (fam) (descaro, desvergüenza) nerve (colloq)
    * * *
    1)
    a) (Com, Fin) value

    libros por valor de $150 — books to the value of $150

    droga por (un) valor de... — drugs worth o with a value of...

    b) (importancia, mérito) value

    ¿qué valor tiene si lo copió? — what merit is there in it if he copied it?

    c) ( validez) validity
    2) valores masculino plural (Econ, Fin) securities (pl), stocks (pl), shares (pl)
    3) ( persona)
    4) valores masculino plural ( principios morales) values (pl)
    5) (coraje, valentía) courage
    6) (fam) (descaro, desvergüenza) nerve (colloq)
    * * *
    valor1
    1 = courage, guts, spunk, bravery.

    Ex: In this novel the central themes are courage and cowardice and what these are.

    Ex: Well, I happened to inherit a full set of Trollope, and I had the guts to throw it out.
    Ex: In her youth, as in her adult years, she was a person with spunk.
    Ex: Contributing to the problem are the harsh desert environment, & a society based on patriarchy, in which a code of honor, esprit de corps, & bravery takes precedence over intelligence & culture.
    * armarse de valor = muster (up) + (the) courage, pluck up + courage, nerve + Reflexivo, gather up + courage.
    * con valor = valiantly.
    * demostrar + Posesivo + valor = prove + Posesivo + value, prove + Posesivo + worth, prove + Reflexivo, show + Posesivo + worth, prove + Posesivo + courage.
    * echar valor = pluck up + courage, muster (up) + (the) courage, gather up + courage.
    * falta de valor = act of cowardice, lack of courage, lack of backbone.
    * hacerse de valor = muster (up) + (the) courage.
    * perder el valor = lose + Posesivo + nerve.
    * tener el valor = have + the courage.
    * tener el valor de = have + the guts to, have + the nerve(s) to, have + the cheek to.
    * tener valor = pluck up + courage, gather up + courage.

    valor2
    2 = attribute value, esteem, value, value, worth, worthiness, goodness.

    Ex: Others have used possibility distributions for representing fuzzily known or incompletely known attribute values.

    Ex: The two cases perhaps indicate the beginning of attitudinal changes in awards administrators which will give parity of esteem to information-driven programmes.
    Ex: A good initial value for this field will start the system off with a good guess so that claims for missing issues are not unreasonable at the beginning.
    Ex: This stop list is input to the computer before indexing can commence, and is a list of the words which appear in text which have no value as access words in an index.
    Ex: The circulation of large numbers of books regardless of their worth to multitudes of people is no better criterion of mental health than is the profitable sale of quack medicines evidence of bodily health.
    Ex: Another goal of terrorism is to demonstrate to terrorists their own worthiness and thus to claim a sort of moral victory over their enemies.
    Ex: Measurement in and of itself is neutral and cannot indicate ' goodness' or 'badness' = La medición en sí misma es neutral y no puede indicar lo bueno o malo que algo es.
    * adición de valor = value adding.
    * adquirir un valor añadido = take on + added weight.
    * asignar valor a = attach + value to.
    * aumentar de valor = increase in + value.
    * bolsa de valores = stock exchange, stock market, share market.
    * Bolsa de Valores de Nueva York = New York Stock Exchange (NYSE).
    * cadena de valores = value chain.
    * carecer de valor = have + a hollow ring.
    * carente de valor = worthless.
    * centrado en los valores = value-driven.
    * código de valores = code of values.
    * conflicto de valores = conflict of values.
    * con juicio de valor = value-loaded.
    * conjunto de valores = set of values.
    * contabilidad de valores devengados = accrual accounting.
    * con valores difusos = fuzzy-valued.
    * conversión en valor monetario = monetisation [monetization, -USA].
    * convertido en valor monetario = monetised [monetized, -pl.].
    * convertir en valor monetario = monetise [monetize, -USA].
    * dar mucho valor a Algo = value + Nombre + highly.
    * dar valor = imbue with + value.
    * de gran valor = highly valued, highly valuable.
    * de gran valor histórico = of great historical value.
    * de incalculable valor = priceless.
    * de poco valor = a dime a dozen.
    * descomposición por valores simples = singular value decomposition.
    * de valor = of value.
    * de valor añadido = value-added, value-adding.
    * de valor equiparable = of comparable worth.
    * de valor incalculable = invaluable.
    * disminuir el valor de = belittle.
    * edificio de valor histórico = heritage-listed building.
    * emitir un juicio de valor = exercise + value judgment, pass + value judgement.
    * enfrentamiento de valores = conflict of values.
    * escala de valores = graded range, set of values.
    * establecer valores = establish + values.
    * falta de valor = worthlessness.
    * forma de la curva estadística en su valor más alto = peak-shape.
    * hacer prevaler las ideas y valores de uno mismo = assert + own ideas and values.
    * hacer que tenga más valor = put + a premium on.
    * igualdad de retribución por un trabajo de igual valor = equal pay for equal work.
    * igualdad de retribución por un trabajo de valor comparable = equal pay for comparable work.
    * impuesto sobre el valor añadido (IVA) = value added tax (VAT).
    * juicio de valor = value judgement.
    * mercado de valores = stock market, share market.
    * método del Valor de Discriminación (DV) = Discrimination Value model (DV).
    * minar los valores tradicionales = undermine + traditional values.
    * no tener valor = be valueless.
    * nuevo valor = newcomer.
    * objeto de valor = valuable.
    * objeto de valor cultural = cultural valuable.
    * objetos de valor = valuables.
    * perder valor = lose + Posesivo + value.
    * pérdida de valor = devaluation, loss of value.
    * pez de valor = game fish.
    * por valor de + Número = amounting to + Cantidad.
    * quitar el valor = render + valueless.
    * quitar valor = devalue, deflate.
    * reducir el valor = reduce + value.
    * regla del valor literal = face value rule.
    * ser de poco valor = be of little use, be of little value.
    * ser de un valor especial = be of particular value.
    * servicios de red de valor añadido (VANS) = value added network services (VANS).
    * sin valor = dummy, worthless, valueless, drossy.
    * sistema de valores = system of values, value system.
    * sistema de valores personales = personal value system.
    * sistema de valores sociales = social value system.
    * tener poco valor = be of little value.
    * tener un valor especial = be of particular value.
    * tener valor = count.
    * valor afectivo del servicio = affect of service.
    * valor añadido = added benefit, added value.
    * valor atípico = outlier.
    * valor característico = eigenvalue.
    * valor comercial = marketing value, commercial paper.
    * valor cultural = cultural value.
    * valor de la novedad = novelty value.
    * valor de la propiedad = property value.
    * valor de ley = force of law.
    * valor de ordenación = filing value.
    * valor de pertinencia = estimation of relevance.
    * valor de predicción = predictive power.
    * valor de retención = retention value.
    * valor económico = monetary value, economic value, monetary worth.
    * valor efectivo = cash value.
    * valores = assets, ethos, equities, equity shares.
    * valores agregados = value chain.
    * valores añadidos = value chain.
    * valores de la bolsa = stock prices, stock market quotations.
    * valores familiares = family values.
    * valor específico = weight, weighting.
    * valores y normas de comportamiento de los miembros de una instutición = corporate culture.
    * valor ético = ethical value.
    * valor fundamental = asset.
    * valor global = overall value.
    * valor humano = human value.
    * valor intrínsico = intrinsic worth.
    * valor máximo = high-water mark.
    * valor medicinal = medicinal value.
    * valor medio = midrange, mean value.
    * valor mínimo = low-water mark.
    * valor monetario = monetary value, monetary worth.
    * valor moral = moral value.
    * valor numérico = numerical value.
    * valor numérico exacto = crisp value.
    * valor nutritivo = nutritional value, nutrient value.
    * valor político = political value.
    * valor por omisión = default value.
    * valor positivo = virtue.
    * valor representativo = eigenvalue.
    * valor social = social value.
    * VAN (red de valor añadido) = VAN (value added network).

    * * *
    A
    1 ( Com, Fin) (de una moneda) value; (de un cuadro, una joya) value
    dio a conocer el verdadero valor del collar he revealed the true value o worth of the necklace
    un alijo de droga por (un) valor de 5.000 euros a consignment of drugs worth o with a value of 5,000 euros
    libros por valor de $150 books to the value of $150 o $150 worth of books
    el valor de las acciones ha bajado the value of the shares has dropped, the shares have fallen in value
    no se llevaron ningún objeto de valor they didn't take any valuables o anything valuable
    enseres de poco valor material things of little material o real value
    2 (importancia, mérito) value
    no tiene ningún valor artístico it has no artistic value o merit
    valor sentimental sentimental value
    su palabra tiene un gran valor para mí I set great store by his word
    sus promesas no tienen ningún valor her promises are worthless
    si no lleva la firma no tiene ningún valor it's worthless unless it's signed
    ¿qué valor tiene si lo copió? what merit is there in it if he copied it?
    ¿qué valor tiene que se lo sepa de memoria si no lo entiende? what's the use o good of her knowing it by heart if she doesn't understand it?
    Compuestos:
    absolute value
    purchasing power
    food o nutritional value
    value added, added value
    value recorded in the land registry ( used for calculating property taxes)
    exchange value
    surrender value
    usage o practical value
    face value
    par o nominal value
    food o nutritional value
    ( Inf) default value
    relative value
    B valores mpl ( Econ, Fin) securities (pl), stocks (pl), shares (pl)
    Compuestos:
    mpl fixed yield securities (pl)
    mpl variable yield securities (pl)
    C
    2 ( Mús) (de una nota) value, length
    D
    (persona): uno de los jóvenes valores de nuestro tenis one of our young tennis stars
    los nuevos valores de nuestra música our up-and-coming musicians
    escala or jerarquía de valores scale of values
    A (coraje, valentía) courage
    me faltó valor para decírselo I didn't have the courage to tell him
    hay que tener valor para hacer algo así you have to be brave o it takes courage to do a thing like that
    el capitán ensalzó el valor de los soldados the captain praised the soldiers for their bravery o courage
    armarse de valor to pluck up courage
    B ( fam) (descaro, desvergüenza) nerve ( colloq), cheek ( BrE colloq)
    ¡encima tiene el valor de protestar! and then she has the nerve o cheek to complain!, and then she dares to complain!
    * * *

     

    valor sustantivo masculino
    1
    a) (Com, Fin) value;

    ◊ libros por valor de $150 books to the value of $150;

    objetos de valor valuables;
    valor adquisitivo purchasing power
    b) (importancia, mérito) value;




    2
    a) (coraje, valentía) courage;


    armarse de valor to pluck up courage
    b) (fam) (descaro, desvergüenza) nerve (colloq);

    ◊ ¡encima tiene el valor de protestar! and then she has the nerve to complain!

    3
    ◊ valores sustantivo masculino plural



    valor sustantivo masculino
    1 (valentía, arrojo) courage, bravery
    2 (mérito, importancia, etc) value, worth
    (precio) price: ha invertido en joyas por valor de un millón de pesetas, he has invested in a million pesetas' worth of jewels
    no le da ningún valor al dinero, he attaches no importance to money
    objetos de valor, valuables
    sin valor, worthless
    3 (vigencia, validez legal) validity
    4 Mat Mús value
    5 fam (jeta, caradura) cheek: tuvo el valor de preguntarme por ella, he had the nerve to ask me about her
    6 Fin valores securities, bonds
    7 (éticos) valores, values
    ♦ Locuciones: armarse de valor: se armó de valor e hizo frente a la agresión, she gathered up her courage and stood up to the aggression
    ' valor' also found in these entries:
    Spanish:
    agalla
    - alimento
    - antigüedad
    - armarse
    - aumentar
    - bagatela
    - bastante
    - catastral
    - conceder
    - determinación
    - importar
    - impuesta
    - impuesto
    - infundir
    - IVA
    - juicio
    - mérito
    - ni
    - nominal
    - nula
    - nulo
    - nutritiva
    - nutritivo
    - oscilación
    - oscilante
    - ponderar
    - preciosa
    - precioso
    - relativa
    - relativo
    - relieve
    - representar
    - reunir
    - sanctasanctórum
    - tal
    - tan
    - tres
    - valer
    - valorar
    - valoración
    - agallas
    - alguno
    - aliento
    - alimenticio
    - anecdótico
    - armar
    - asignar
    - audacia
    - bajar
    - carecer
    English:
    absolute
    - appreciate
    - appreciation
    - assess
    - assessment
    - asset
    - attach
    - book
    - bravery
    - cheap
    - courage
    - denomination
    - detract
    - equity
    - estimate
    - everything
    - face value
    - gain
    - grit
    - heart
    - intrinsic
    - invaluable
    - nerve
    - par
    - pluck
    - pluck up
    - prowess
    - replacement value
    - rise
    - sink
    - steel
    - street value
    - strength
    - summon up
    - tax
    - trash
    - underprice
    - valuable
    - value
    - value added tax
    - VAT
    - worth
    - worthless
    - worthlessness
    - cheapen
    - credit
    - doubtful
    - face
    - fail
    - go
    * * *
    valor nm
    1. [precio, utilidad, mérito] value;
    ha subido el valor del peso frente al dólar the peso has risen against the dollar;
    tiene valor sentimental it is of sentimental value;
    tiene más valor arqueológico que artístico it is of more archaeological than artistic value;
    de (mucho) valor (very) valuable;
    no había nada de valor en la casa there was nothing of value in the house;
    joyas por valor de… jewels worth…;
    sin valor worthless;
    tener valor [ser valioso] to be valuable;
    [ser válido] to be valid;
    sin el sello oficial carece de o [m5] no tiene valor it is not valid without the official seal;
    tener mucho/poco valor to be very/not very valuable
    Fin valor de los activos asset value; Fin valor actual neto net present value;
    valor adquisitivo purchasing power;
    Am Econ valor agregado added value;
    valor alimenticio food value;
    Econ valor añadido added value; Fin valor asegurado insured value;
    valor biológico biological value;
    valor calórico [de comida] calorific value;
    valor catastral = value of a property recorded in the land register, Br ≈ rateable value, US ≈ assessed value;
    valor comercial commercial value;
    Fin valor contable book price o value;
    valor de mercado market value;
    valor nominal face o nominal value;
    valor nutritivo nutritional value;
    Fin valor realizable neto net realizable value; Fin valor de reposición replacement value; Fin valor de rescate surrender value
    2. Mat value
    3. Mús value
    4. [importancia] importance;
    su opinión es de enorme valor para nosotros her opinion is of great value o importance to us;
    dar valor a to give o attach importance to;
    quitar valor a algo to take away from sth, to diminish sth
    5. [valentía] bravery;
    se necesita valor para hacer una cosa así you need to be brave o it takes courage to do a thing like that;
    armarse de valor to pluck up one's courage;
    le eché valor, y le confesé la verdad I plucked up my courage and told her the truth;
    ¡valor y al toro! go for it!
    6. [desvergüenza] cheek, nerve;
    ¡hace falta valor para decir eso! what a cheek o nerve saying a thing like that!;
    tener el valor de hacer algo to have the cheek o nerve to do sth
    7. [personaje]
    un joven valor del atletismo/teatro an up-and-coming young athlete/actor
    8.
    valores [principios] values
    9. Fin
    valores [de inversión] securities
    valores en cartera investment portfolio;
    valores de crecimiento growth stock;
    valores inmuebles real estate;
    valores negociables negotiable securities;
    valores de renta fija fixed-interest o fixed-income securities;
    valores de renta variable variable-interest o variable-income securities, equities
    * * *
    m
    1 value;
    de gran valor very valuable; fig of great worth o
    value;
    objetos de valor valuables
    2
    :
    valores pl COM securities
    3 ( valentía) courage
    * * *
    valor nm
    1) : value, worth, importance
    2) coraje: courage, valor
    3) valores nmpl
    : values, principles
    4) valores nmpl
    : securities, bonds
    5)
    sin valor : worthless
    * * *
    1. (valía) value
    2. (precio) price
    ¿cuál es el valor de este terreno? how much is this land worth?
    3. (valentía) courage

    Spanish-English dictionary > valor

См. также в других словарях:

  • economic growth — Process by which a nation s wealth increases over time. The most widely used measure of economic growth is the real rate of growth in a country s total output of goods and services (gauged by the gross domestic product adjusted for inflation, or… …   Universalium

  • Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries …   Wikipedia

  • Economic Growth Rate — A measure of economic growth from one period to another in percentage terms. This measure does not adjust for inflation, it is expressed in nominal terms. In practice, it is a measure of the rate of change that a nation s gross domestic product… …   Investment dictionary

  • The Stages of Economic Growth: A Non-Communist Manifesto — ist das wichtigste Werk des amerikanischen Ökonomen und Wirtschaftshistorikers Walt Whitman Rostow (* 7. Oktober 1916 in New York City; † 13. Februar 2003 in Austin, Texas). Es erschien 1960 in Cambridge und erlangte weltweite Beachtung als… …   Deutsch Wikipedia

  • The Stages of Economic Growth: A Noncommunist Manifesto — ist das wichtigste Werk des amerikanischen Ökonom und Wirtschaftshistorikers Walt Whitman Rostow (* 7. Oktober 1916 in New York City; † 13. Februar 2003 in Austin, Texas). Es erschien 1960 in Cambridge und erlangte weltweite Beachtung, als… …   Deutsch Wikipedia

  • economic theory — ➔ theory * * * economic theory UK US noun ECONOMICS ► [U] the ideas and priniciples that aim to describe how economies work: »Basic economic theory states that if wages are too high, economic growth will suffer. ► [C] a particular idea or… …   Financial and business terms

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Economic history of China before 1911 — For developments after 1911, see Economic history of Modern China. A Chinese dragon seen floating among clouds, engraved on a golden canteen dated to the 15th century, during the …   Wikipedia

  • Economic relations of Japan — In its economic relations, Japan is both a major trading nation and one of the largest international investors in the world. In many respects, international trade is the lifeblood of Japan s economy. Imports and exports totaling the equivalent of …   Wikipedia

  • growth rate — compound annual growth rate for the number of full fiscal years shown. If there is a negative or zero value for the first or last year, the growth is N.M. (not meaningful). Bloomberg Financial Dictionary * * * growth rate ˈgrowth rate noun… …   Financial and business terms

  • Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… …   Wikipedia

Поделиться ссылкой на выделенное

Прямая ссылка:
… Нажмите правой клавишей мыши и выберите «Копировать ссылку»