Building on decades of research, leading scholar Ronald H. Chilcote provides a definitive analysis of the 1974-1975 Portuguese revolution, which captured global attention and continues to resonate today. His study revisits a key historical moment to explain the revolution and its aftermath through periods of authoritarianism and resistance as well as representative and popular democracy. Exploring the intertwined themes of class, state, and hegemony, Chilcote builds a powerful framework for understanding the Portuguese case as well as contemporary political economy worldwide. New to the paperback edition is an epilogue reflecting on the implications for Portugal EU membership and the Eurozone crisis.

This book offers insights into the behaviour of the Portuguese economy in relation to economic growth from the twentieth century to the present. How did the 1891-92 crisis and World Wars impact Portugal economically? How did the Portuguese economy behave during the 'Golden Age' of economic growth in postwar Europe? What have the effects of the European Monetary Union been? Amaral examines long-running trends in the development of the modern Portuguese economy in order to help us understand various growth phases of the modern period. This title is important reading for economic historians and economists researching economic growth, crises, stablisation and monetary unions.