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Sunday, February 05, 2006

Study reveals potential in Portuguese productivity

Productivity of the Portuguese economy is the weakest in the European Union, but according to a study disclosed by the Bank of France, it has a good deal of potential. In global terms the productivity of the Portuguese industry is far lower than that of the European Union (15), being about half of the next European country, Greece, and almost one third compared to Spain. Portugal gains favorable points in areas such has infrastructures, access capital and integration in international trade, having national results next to the best in the world. The five factors that contribute for the calculation of the industrial productivity are capital, infrastructures, human resources, integration in international trade and residual efficiency.

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