The resumption of the convergence process of the Portuguese economy is a complex and demanding task, namely in view of the challenges posed by demographic trends and rapid technological change.
A lasting trajectory of growth and convergence towards our European partners depends on our ability: • To promote efficient resource allocation, namely through sustained maximisation of investment returns, and reallocation towards the tradable sector; • To reach higher levels of productivity; • To generate and maintain high levels of employment; and • To ensure that the combination of capital and labour generates an output that is desired and valued by the market.