The Impulsa Foundation A road map has been created for the same The Balearic economy is recovering income levels again It was one of the wealthiest regions in Europe. A running company Economist Antony Reira AYesterday tested the actions carried out this year, but with the aim of new projects, which includes achieving itThe commercial fabric of the Balearic Islands is committed to significant economic growth.
The aim of this new program is to recover Income levels in the Balearic Islands in 2001. Average income of the islands at that time was 121.1% Above the European average. however, At present this percentage stands at 88.7%. That is, in just 20 years, more than 30% of economic potential has been lost, according to data managed by the European Union.
Traders warn the Balearic economy is losing momentum again
Impulsa has decided to change this status quo Create an ambitious plan, with the aim of restoring the economic figures the islands have enjoyed Two decades ago. It is necessary to improve the productivity of the entire business sector of the islands, as explained by Antoni Riera, to restore the level of income in the next ten years.
The trustees of the foundation approved the plan proposed by Dr. Reera, which analyzed the need to strengthen certain economic sectors with the aim of raising income levels. If this objective is achieved, Not only the employers will benefit from the increase in wages, but also the workers. As Antony Riera mentioned.
This development, according to this theoretical plan, will not only be based on the improvement in the tourism business. Other occupations are necessary, Agriculture, service sector or construction are also involved in this economic development. To achieve this economic objective, Raira advises that businessmen from all sectors should take advantage of the growing experience of the tourism business.
The Foundation considers that the Balearic economy, already exceeding pre-pandemic figures, has the tools to achieve this level of growth and surpass the European average.
Economists have described that Current high inflation This is a variable that exists in the first years, but it will hinder the economic development of the Balearic Islands. The same will happen with higher interest rates, which according to the raira, have already reached their maximum limit and will start falling.
