But the inability to capitalise on the tech sector, difficult regulations as barrier to entry, and a lot of changing rules regarding innovation, making things “green” and environmental and consumer safety does give a high burden to industry when competing with entities like China and the USA which do not have these restrictions.

I think a long-term plan regarding regulations which are clear upfront and don’t constantly change, as well as massive tax benefits to new corporations could provide an economical boost.

Having said that, I am not an economist, so I’d love someone with more knowledge to give their 2 cents. (Tax free, of course)