It is also noted that, in the medium term, the prospects for high growth rates arise not only from the expected investments but, more importantly, from the increase in productivity that will be caused by the reforms envisaged in the National Recovery and Sustainability Plan “Greece 2.0” – market liberalization, privatizations and increased investment in education – as well as the digital and green transition.
This projection which, in my view is on the low side, means that in the five years 2009 to 2013 average GDP growth will be 9%. There is no question that it is one of the highest growth rates in the world. We can without hesitation define Papua New Guinea as a Very High Growth, Small Emerging Market Economy.