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This text analyzes the Europeanization of the Portuguese economy in the context of closer European integration, globalization and the struggle to achieve international competitiveness. Portugal, it argues, is an interesting case of the latecomer modernizer that latches on to Europe as the vehicle for its economic transformation. European integration facilitated Portugal's transformation from insularity and uncompetitiveness into a modernizing economy that is steadily, if unevenly, converging with its EU partners.

This book reveals how the previously weak Portuguese economy has now experienced growth, convergence, structural change and international competition. David Corkhill analyses the Europeanization of the Portuguese economy in the context of closer European integration, globalization and the struggle to achieve international competitiveness. It also assesses the pitfalls Portugal may face as part of Europe.