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a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …
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Portugal’s export performance over the past decade has been impressive, helping to reduce external imbalances. This … comparable small European economies. Further shifting the orientation of the economy to the external sector is vital for Portugal … to focus innovation policies on raising the participation of small and medium enterprises in innovative activities. …
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The rapid growth after independence stopped in 2008 as the global crisis exposed important structural weaknesses. Large state involvement and rigid labour and product markets lowered productivity. Weak corporate governance and easy credit before the crisis led to high indebtedness and...
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