investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … improving in key sectors, partly thanks to greater private investment, bottlenecks endure and efforts to intensify competition … and ensure continued strong investment are required. Labour market reforms are also required to promote job creation …

product market, concerning in particular entry barriers, are negatively related to investment. The implications of our … analysis are clear: regulatory reforms, especially those that liberalise entry, are very likely to spur investment …