Conjuntura económica e conjuntura política em Portugal (1851-1910)

This paper analisys the connexions between the degree of governamental stability or unstability and the short-term situation of public finance and the economy in Portugal between the middle 19th century and the republican revolution of 1910. It concludes that the degree of governamental stability is positively associated with the ratio of effective public revenue to effective public expenditure in the previous fiscal year and with the changes of per capita real national income in the current fiscal year.