Former Prime Minister Pedro Passos Coelho coordinated a study, together with former deputy Sérgio Sousa Pinto and the president of the Porto Commercial Association, whose main result was to identify low productivity as the main barrier to the growth of the Portuguese economy. The study was revealed today by ACP-CCIP (Porto Commercial Association – Chamber of Commerce).
According to the study, even in periods of greater recent economic growth, this growth was mainly due to increased employment and not to significant productivity gains. Thus, the central problem identified is productivity, and not the lack of employment.
The study was presented by the Porto Commercial Association and highlights the need to focus on conditions that allow productivity gains so that the Portuguese economy can grow sustainably.
