Portugal ran a system of public debt from 1500 to 1797 that was characterised by low and decreasing nominal interest rates on issue, without any major upheaval. Despite these features, this experience has attracted little research in either Portuguese or international circles. The FCT-funded Sovereign debt and private credit in Portugal – 1500 to 1797 research project carried out by GHES-CSG (the Economic and Social History Research Group of ISEG –Lisbon School of Economics and Management, Universidade de Lisboa) was designed to fill this major gap in European financial history. The project aims to reconstruct the key variables (debt stocks, debt ratios to GDP and tax revenues, and debt management) and also to observe the performance of the debt service by analysing the accounts of some of the main holders of debt.
This webinar will be hosted by the GHES-CSG consortium, with the objective to examine the comparative background of the Portuguese case and to discuss the project’s preliminary findings with specialists. Participants are expected to present their recent research on the issues covered in the project.
The session will count on the participation of the renowned international academics, Professor Emerito Larry Neal (University of Illinois at Urbana-Champaign) and Rui Pedro Esteves (Graduate Institute of international and Development Studies, Genebra).
Project website & webinar programme: www.debt.pt
Link to access the Webinar: https://videoconf-colibri.zoom.us/j/81520870410?pwd=T0Q1Q3VYU0VQYkJMRFhQd1BuckNXZz09
Meeting ID: 815 2087 0410
Passcode: 642547