El Salvador, steep hurdles for local industry

Posted on September 28, 2011 • Filed under: Business, Economy, El Salvador

An analysis of the Salvadorian industrial sector identified the following as monumental obstacles in the development of a prosperous and healthy economy:
• Low productivity; low technological content
• Scarce innovation
• High productivity costs; inputs, labor costs, and physical capital
• International economic conditions
• Limited financing of the industrial sector
• Institutional deficiencies
• Low productivity of small and medium businesses
Read Article – Spanish

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