IESET.
Policies·portugal_eec_accession_1986

Portugal EEC accession 1 January 1986

PRT·1986 – 1986·enacted 1986-01-01·PSD (Cavaco I minority)candidate
movestrade openness↑product market competition↑sectoral subsidy↑

What the policy did

Treaty of Accession signed 12 June 1985, effective 1 January 1986. Portugal joined EEC alongside Spain. Tariff elimination phased to 1993; CAP integration; access to structural funds; freedom-of-movement rules phased 1988-1992. Foundational economic-integration step driving subsequent Portuguese convergence trajectory.

Policy-content fingerprint — what this policy moved, on which axes

Per invariant 3, reforms are scored by what they did on each channel-separated axis, not by the party that enacted them. This fingerprint is how the policy-match engine finds historical analogues.

intended
↑
trade openness
regulatory.trade_openness
Trade policy openness — tariffs, non-tariff barriers, FTAs, industrial protection.
increased · strong
more open trade
Full EEC single-market integration.
↑
product market competition
regulatory.product_market_competition
Product-market regulation, entry barriers, licensing burdens, network-industry regulation, price controls.
increased · moderate
more competition-friendly (lower entry barriers)
Tariff elimination and competition-law adoption.
↑
sectoral subsidy
fiscal.sectoral_subsidy
Targeted industrial and sectoral subsidies (renewable energy, chip manufacturing, agriculture, green hydrogen, etc).
increased · moderate
expanded sectoral subsidies
Structural-funds inflow financing sectoral investment.

Enacted by

Empirical evidence — linked hypotheses

Explicit links are curated by the author. Inferred links are hypotheses in the library that test the same axes this policy moved — the framework's answer to "what does the data say about a policy like this?".

Estonia adopted among the most radical market-liberalisation packages of any post-Soviet state — flat tax (26% universal rate, 1994), currency board (EEK pegged to DM/EUR, 1992), rapid privatisation, unilateral free trade, and minimal capital controls — and by 2007 had recovered to Soviet-era GDP per capita levels and substantially exceeded them, while Belarusian and Ukrainian peers had not recovered comparably.
estonia_market_reform_post_soviet_growth_1991_2007inferred
viaregulatory.trade_opennessregulatory.product_market_competition
PARTIAL — recovery threshold pass=True (year_recovered=1998, 2007 vs 1991 = 70.53282727739165); Baltic−CIS gap pass=False (gap=5.1509956229348575)
partial
Across a broad panel of economies 1980-2020, market reforms (privatisation, trade liberalisation, and price decontrol) produce durable gains in real GDP per capita growth only when rule-of-law scores exceed a minimum threshold (WGI Rule of Law > -0.5, approximately the 40th percentile of the global distribution).
rule_of_law_market_reform_complementarityinferred
viaregulatory.product_market_competitionregulatory.trade_openness
REFUTED — coef=-0.1483 (sign opposite claim +), p=0.00481
refuted
In a panel of middle-income countries 1990-2020, export complexity (Hausmann-Hidalgo Economic Complexity Index) rises more following reforms that improve foreign market access and reduce domestic entry barriers than following expansions of subsidy-only industrial policy.
export_complexity_market_access_vs_subsidyinferred
viaregulatory.trade_opennessfiscal.sectoral_subsidyregulatory.product_market_competition
PARTIAL — coef=+4.68e-14, p=0.393; effect magnitude effectively zero
partial
Canada’s long-run prosperity after the Canada–US Free Trade Agreement (1988) and NAFTA (1994) is more associated with market openness than with national industrial-policy initiatives.
canada_market_liberalisation_vs_state_industry_1988_2024inferred
viaregulatory.trade_opennessregulatory.product_market_competitionfiscal.sectoral_subsidy
INCONCLUSIVE_DATA_PENDING — treatment 'canada_post_1988' has no within-country variation under country fixed effects
run pending
Among high-income economies 1990-2020, services-sector competition — measured by low barriers to entry, low incumbent-protection scores, and high churn in retail, transport, communications, and professional services — predicts long-run prosperity (real GDP per capita growth and labour-productivity growth) better than manufacturing-specific industrial policy spending.
sectoral_competition_services_productivityinferred
viaregulatory.product_market_competitionregulatory.trade_opennessfiscal.sectoral_subsidy
PARTIAL — coef=+0.000842, p=0.361 (above α=0.05); direction inconclusive
partial
Consumer product variety and price-adjusted welfare improve more after episodes of trade liberalisation and competition-policy reform than after state industrial-policy episodes of comparable duration and scale, in a panel of middle- and high-income countries 1980-2020.
consumer_choice_variety_trade_market_reforminferred
viaregulatory.trade_opennessfiscal.sectoral_subsidyregulatory.product_market_competition
INCONCLUSIVE_DATA_PENDING — treatment 'competition_reform_episode' has no within-country variation under country fixed effects
run pending
Australia’s long expansion after the Hawke-Keating reforms (1983–1996) — including tariff cuts, financial deregulation, competition-policy introduction, and fiscal consolidation — is better predicted by market liberalisation than by sector-specific state direction.
australia_hawke_keating_reform_long_runinferred
viaregulatory.trade_opennessregulatory.product_market_competition
PARTIAL — coef=-0.03935, p=0.076 (above α=0.05); direction inconclusive
partial
Vietnam's post-Doi Moi economic growth (1986-2020) is more strongly associated with private-sector enterprise entry, trade openness, and market-oriented reforms than with state-owned-enterprise (SOE) expansion or continued state direction.
vietnam_doi_moi_private_sector_growth_shareinferred
viaregulatory.trade_opennessregulatory.product_market_competitionfiscal.sectoral_subsidy
SUPPORTED — coef=+0.001558 (sign matches claim +), p=0.0749
supported

Similar historical policies

Ranked by axis-fingerprint overlap with this policy. Direction match bolded — those are the closest historical analogues. Shape of the match is what drives policy-outcome comparison, not the country or party label.

Spain EEC accession (January 1986)
ESP·1986
match
2.5
trade opennessproduct market competitionsectoral subsidy
New Economic Policy — Decree 21060 (Bolivia stabilisation 1985)
BOL·1985
match
2.3
trade opennessproduct market competitionsectoral subsidy
Czechoslovak price liberalisation 1991
CSK·1991
match
2.3
product market competitiontrade opennesssectoral subsidy
Rogernomics — New Zealand market reforms 1984-1990
NZL·1984
match
2.3
product market competitiontrade opennesssectoral subsidy
Balcerowicz Plan — Polish shock therapy 1990
POL·1990
match
2.3
product market competitiontrade opennesssectoral subsidy
Balcerowicz Plan — Poland shock therapy 1990
POL·1990
match
2.3
product market competitiontrade opennesssectoral subsidy
Yeltsin-Gaidar shock therapy + voucher privatisation (Russia, 1992-1994)
RUS·1992
match
2.3
sectoral subsidyproduct market competitiontrade openness
Russia — Gaidar shock therapy 1992
RUS·1992
match
2.3
product market competitiontrade opennesssectoral subsidy