tag:blogger.com,1999:blog-11989728.post114553102218774347..comments2023-10-04T15:07:47.549+01:00Comments on Analiticamente Incorrecto: Economic Survey of Portugal 2006Paulo Tomáshttp://www.blogger.com/profile/07233562057210580909noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11989728.post-1145913268820427262006-04-24T22:14:00.000+01:002006-04-24T22:14:00.000+01:00CHAPTER 5"There has been a significant improvement...CHAPTER 5<BR/><BR/>"There has been a significant improvement in reducing the burden of regulations. The cost of doing business in Portugal has come down and red tape has been cut, but other countries have made rapid progress as well. The benchmark for the Portuguese regulatory policy environment should now be the settings in the best-practice countries rather than those of the average EU countries, where regulations tend to remain excessive. Recent action to ease registration requirements for business creation is appropriate. Further measures are desirable to further reduce the cost of firm creation, cut administrative overheads of running a business and facilitate the exit of poorly performing companies. A more dynamic business environment would help Portuguese firms' competitiveness and enhance the attractiveness of the country as a location for foreign direct investment, thereby, as in the 1990s, offering opportunities for learning from international best practices."Anonymousnoreply@blogger.com