Great Depression Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Portugal=== {{Main|Economic history of Portugal}} Already under the rule of a dictatorial junta, the [[Ditadura Nacional]], Portugal suffered no turbulent political effects of the Depression, although [[António de Oliveira Salazar]], already appointed Minister of Finance in 1928 greatly expanded his powers and in 1932 rose to [[Prime Minister of Portugal]] to found the [[Estado Novo (Portugal)|Estado Novo]], an [[authoritarian]] [[corporatist]] dictatorship. With the budget balanced in 1929, the effects of the depression were relaxed through harsh measures towards [[budget balance]] and [[autarky]], causing social discontent but stability and, eventually, an impressive economic growth.<ref>José Cardozo, "The great depression and Portugal" in Michael Psalidopoulos, ed. (2012). ''The Great Depression in Europe: Economic Thought and Policy in a National Context'' Athens: Alpha Bank, {{ISBN|978-960-99793-6-8}}. pp. 361–94 [https://www.ics.ul.pt/rdonweb-docs/ICS_JLCardoso_Great_AI.pdf Online] {{Webarchive|url=https://web.archive.org/web/20170313092132/http://www.ics.ul.pt/rdonweb-docs/ICS_JLCardoso_Great_AI.pdf |date=March 13, 2017 }}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page