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The Portuguese Economy Towards 1992 addresses the issues and problems faced by Portugal as it approaches European economic integration in 1992. Chapters are based on papers presented at a conference held in Vimeiro, Portugal, on March 23 and 24, 1991, and address topics which include business cycles, the European Monetary System, foreign direct investment and trade. In addition, a group of chapters focuses on labor issues: wage gaps, mobility and productivity. §This analysis of the highly open and semi-developed Portuguese economy will serve as a relevant model for other economies having to deal with integration.