Do More Work Hours Mean More Wealth? Not so in Portugal
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Working harder doesn't always mean producing more. And Portugal is one of the examples of that. The most recent data shows that the country continues to lag behind when comparing productivity with that of its European partners. What explains this difference? Listen to the new episode of Economy Day by Day, Expresso's daily podcast hosted by Juliana Simões
Working harder doesn't always mean producing more. And Portugal is one of the examples of that. The most recent data shows that the country continues to lag behind when comparing productivity with that of its European partners. What explains this difference? Listen to the new episode of Economy Day by Day, Expresso's daily podcast hosted by Juliana Simões
Working harder doesn't always mean producing more. And Portugal is one of the examples of that. The most recent data shows that the country continues to lag behind when comparing productivity with that of its European partners. What explains this difference? Listen to the new episode of Economy Day by Day, Expresso's daily podcast hosted by Juliana Simões
Vasco Rosendo, editor of Economics at CNN Portugal, believes that "government failure" undermines economic competitiveness. "Legislation is not a friend of companies. It has too many obstacles," he argues.
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