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PORTUGAL: THE WELFARE STATE
A BRIEF OVERVIEW OF THE WELFARE STATE OF AGING IN PORTUGAL
Portugal is one of Europe’s smallest countries located to the west of Spain bordering the Atlantic Ocean. ... In 1974 Portugal became a constitutional democratic republic after a revolution that removed their dictator from power. Portugal elects a president but unlike the United States (US), it has a parliament and a prime minister. ... In 1986 Portugal joined the European Union, sometimes referred to as the European Commission, whose purpose is to enhance trade and
improve the economic climate on a more global scale for it’s members. (European Commission, 2001)
Portugal’s population is currently right at ten million with 48% male and 52% females. ... Portugal’s elder population, those 65 years of age and older, comprises approximately 15. ... Compared to the rest of Europe, Portugal has one of the lowest elder populations (Oliveira, 2001). ... Where Portugal really differs from the US is with the ‘oldest of the old’ population, those over 85 years old. In Portugal, those over 85 only account for 6.7% of the total elder population, however in the US, they account for 12% of the total elder population, almost twice as many as Portugal. (SSA,USG, 2002)
Life expectancy in Portugal is just slightly lower than the US at 75. ... Where the US will see a 23% increase in it’s total population, Portugal will see almost a . ... This undoubtedly will have an impact on it’s welfare state since there will be fewer workers to contribute to taxes and social insurance which includes the national pension.
Portugal’s dollar is the Escudos. ... (For the purposes of this paper, all dollar amounts will be converted into US dollars) The average annual income in Portugal is about $9,430, the lowest of all the countries in the European Union (OECD, 2002). ...
Although Portugal has received over 26. ... Portugal is still experiencing an increase in their rate of inflation, which has jumped from 2. ...
Portugal has long been a society made up mostly of the lower and middle classes. ...
During the 1960’s and 1970’s Portugal went through a political revolution. ... All of this to changed in 1974 and the needs of the Portugal people were beginning to be addressed through changes made to the social insurance system and the development of national health care. 1986 would see the change in economic reform when Portugal joined the European Union.
Prior to 1974 Portugal had enacted several laws to address social insurance.
Approximate Word count = 2067
Approximate Pages = 8.3
(250 words per page double spaced)
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