Part 4/9:
Exploring the broader economic landscape reveals fundamental flaws that hinder growth. Portugal lags behind other European nations, particularly Eastern European countries, in terms of economic development and job creation. The majority of available jobs cater to low-skilled sectors, such as agriculture, traditional manufacturing, and tourism, which offer limited upward mobility. This scenario is exacerbated by low productivity rates across the board—a result of underinvestment in the right areas and an economy that has yet to adapt to modern technological advancements.