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The Recovery and Resilience Plan will facilitate the path towards improved productivity and significantly affect GDP growth, the Economics Research Centre of the University of Cyprus (CypERC) has said in a bulletin that examines the multifactor productivity growth (TFP growth) of Cyprus and assesses the evolution of the production inputs, as well as their growth enhancing performance for the period between 1996 and 2020. According to CypERC the need for investment in digitalisation remained unaddressed for a long time and this …
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