Nobel Laureate Argues that the Key to Unlocking the Economy Is Having Court Decisions Within 90 Days.
6 Articles
6 Articles
In the diagnosis made by Nobel laureate James Robinson and professor Nuno Palma, Portugal has weak institutions, but reducing the state's response time would be an essential starting point for attracting more investment and diversifying the Portuguese economy.
Study suggests that government must have an "obsession": that all court proceedings are decided in 90 days. Meta can generate chain of reforms that will enhance economic development.
Ending the slow process and bringing the state closer to the pace of the private sector is the goal of a report by the Nobel Prize in Economics James Robinson and Nuno Palma. The formula goes through binding deadlines.
Authors propose that the government concentrate its efforts on a single goal that, they say, will be carried out by other reforms.
The Nobel Prize in Economics James A. Robinson argued today in Lisbon that the social contract is not being fulfilled because the state is not functioning as it should, which he said has consequences for investment.
A study by James Robinson and Nuno Palma concludes that to unlock the country's economic potential, a single priority must be defined: "A State that keeps its word," under the motto "Portugal on time."
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