ABSTRACT
The next section discusses the relation between the crisis that led to Portugal’s bailout by international institutions in 2011 and the structural weaknesses that have hindered the Portuguese economy’s performance over recent decades. Section 2 outlines such weaknesses in order to identify the challenges faced by industrial policies in Portugal. Sections 3 and 4 provide an overview and assessment of the industrial policies that have been adopted. Section 5 concludes with a perspective on how industrial policy should change to be up to the challenges the country is now facing.
