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According to a 2016 study, Portugal's colonial trade "had a substantial and increasingly positive impact on [Portugal's] economic growth". [44] Despite its vast colonial possessions, Portugal's economy declined relative to other advanced European economies from the 17th century and onward, which the study attributes to the domestic conditions ...
Portugal's central bank is the Banco de Portugal, which forms part of the European System of Central Banks, and the major stock exchange is the Euronext Lisbon. [34] Among OECD nations, Portugal has a highly efficient and strong social security system; social expenditure stood at roughly 24.6% of GDP. [35] [36] [37]
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [1]
This MBA program comes in two forms. The Lisbon MBA International is a one-year full-time program which includes a one-month study period at MIT Sloan School of Management and a two-month Action Learning period in Portugal or abroad, such as in Brazil. The Lisbon MBA Part Time is a two-year part-time program, based entirely in Portugal.
Organizational culture encompasses the shared norms, values, behaviors observed in schools, universities, not-for-profit groups, government agencies, and businesses reflecting their core values and strategic direction. [1] [2] Alternative terms include business culture, corporate culture and company culture. The term corporate culture emerged ...
In 1965 Hofstede founded the personnel research department of IBM Europe (which he managed until 1971). Between 1967 and 1973, he executed a large survey study regarding national values differences across the worldwide subsidiaries of this multinational corporation: he compared the answers of 117,000 IBM matched employees samples on the same attitude survey in different countries.
Café culture is also regarded as an important cultural feature of the Portuguese. As the most popular sport, football events involving major Portuguese teams are always widely followed with great enthusiasm. There are a few bullrings in Portugal, although the passion for bullfighting was traditionally more popular in the Ribatejo and Alentejo ...
The interchange of knowledge between Lusophone and European cultures has also been expanded, giving rise to interartistic studies [12] (coordinated by Annabela Rita), to the imaginary of cultural studies [13] (coordinated by José Eduardo Franco), to the studies on interculturality of the iberian world and the Slavonic world [14] (coordinated ...