Diamond Model
Portugal’s strengths in renewable energy, premium exports, and tech can drive growth if it overcomes challenges like low R&D and market size with innovation.
Peru faces challenges like regulatory inefficiencies and infrastructure gaps, but its rich resources, growing innovation, and competitive industries position it well for sustainable economic growth and global success.
Texas’ competitive edge faces challenges in workforce development and sustainable energy transitions for long-term success.
Florida’s competitive strengths are robust, but challenges like climate change and economic inequality threaten its long-term prospects.
High costs and regulatory hurdles challenge California’s competitive edge in innovation.
Despite its strong competitive advantages, New York faces the challenge of maintaining its economic leadership amidst rising costs, inequality, and the need for continuous innovation.
Macau’s competitive edge as a global gaming hub is strong, but its heavy reliance on gaming challenges its long-term sustainability, necessitating diversification and innovation to remain competitive.
Despite Venezuela’s vast natural resources, its long-term economic prospects are challenged by severe political instability, economic mismanagement, and inadequate infrastructure.
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