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Portugal – Economy in transition

Portugal has become a diversified and increasingly service-based economy since joining the EU's (previous version) in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members. Portugal's fascinating economic story just reached into pivotal point. Having gone through a mild boom, a slump, and a severe recession, all packed into less the last two decades, the Portuguese economy has re-emerged with a newfound strength.

Programme focus  


The Portugal study trip will examine this recovery in detail, focusing on important structural reforms that have taken place in the last couple of decades in key areas such as skills, investment, export orientation, labour market, financial intermediation, and public finances. Students will be exposed to the drivers behind Portugal's highest economic growth in nearly two decades, fueled by record tourism, an upswing in the housing market, a growing tech sector and strong exports.

Euronext Stock exchange visit 
Breathtaking Lisbon at Night

Programme Highlights 

  • Visit local companies in various industries

    • Textile & Fashion 

    • Euronext stock exchange 

    • Tech companies  

    • Banking and finance  

    • startup hubs/accelerator programs   

    • Tagus Industrial Park 

  • Multinational companies based in Lisbon 

  • Meetings with local students and academic institutions 

  • Meeting with market experts and expats 

  • Cultural activities

  • Optional trips to

  • Trip to Estoril, Cascais, and Sintra Natural Park orSetúbal Wine Tasting and Visit to Wineries in Azeitao

Outside Udandy offices in Av. de Liberdade 
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