This document summarizes discussions from two events in the Algarve region of Portugal about innovation, sustainable development, and the economy. At the events, various public officials and business leaders discussed challenges facing the Portuguese economy since the financial crisis and Troika intervention. They highlighted the importance of tourism to the local and national economy but also noted issues like seasonality and high debt levels. The speakers proposed strategies like promoting other regions to attract more year-round tourism and repairing historical buildings to create jobs.

1. SSSWWWEEEDDDUUUTTTEEECCCHHH 04/16: INNOVATION &SUSTAINABLE DEVELOPMENT
ThebilingualPORTUGALPOS-TROIKA,ECONOMICDEMOCRACY? waslaunchedat thePortuguese
Confederation of Enterprises,by its pres.António Saraiva&the Pres.of BancoBIC,MiraAmaral. The venue
was attended,a.oby the Ambassadors&Chargés d’Affairesof Ucraine, So. Africa, Israel, Japan &the US.
After launchings in Porto, Coimbra& the Algarve, it went for a forum in Stockholm with the ex-CEO of
NOBEL foundation, Michael Sohlman. This&other books also focus tourism, for teachers&studs.
Theinteractive presentationof Economic>:>:>:
Democracy, Algarve/Alentejo - My Love
and Ontem e Oje na Economia washighly
appreciated by bizmen &professionals, in
the Algarve. MayorRogérioBacalhau,Faro,
opened; then, a.o, Mendo Henriques,pres.
of IDP, Inst.Democracia Portuguesa,&João
Fernandes,Vice-pres.ofAlgarve TouristBoard
Pág 4:
O FUTURO DE
PORTUGAL
E DA UE
Page 2:
PORTUGUESE
TRAVEL
CONGRESS
Page 3: THE
FUTURE OF
PORTUGAL
& EU
P.3:
Hidden billions:
THE SEAS
“CIVIL SOCIETY”by ANTÓNIO SARAIVA
The book by the Pres.of the Confederation of Portuguese Enter-
prises “A DEFESAde CAUSAS“was launched at the fully packed
VIP-hall of the Industrial Association of Portugal. This book was
review in the credible biznewspaper VIDA ECONOMICA, which is
summarized in Portuguese at page 3.
Here we see Mayor in Lisbon, Fernando Medina and ex-President
Ramalho Eanes listening to António Saraiva.
IDANHA-NOVA:TOURISM FAIR
At BTL, Bolsa de Turismo de Lisboa, the small but very innovative
municipality of IDANHA-NOVA brought a group which performs
medieval fights, common there thousand years ago.
At the background, with spectacles, its Mayor, Armindo Palma.
Scientists & pharmaceutical industry tell us that future drugs
consist of proteins produced in living cells or bacteria. A
number of effective &extremely profitabledrugs are already
on the market. Sales are topped by Humira, a drug for
rheumatoid arthritis, at just over 130M€ a year. As the patents
on the coveted and expensive medication start to go out,
copies pop up. Called biosimilar they give room for new players,
while the possibility of reducing the cost of treatment with the
drugs increases. Xbrane,a research company in Stockholm
is one of several companies that are now getting into the
industry. It has just been listed on the Nasdaq exchange.
With the intestinal bacterium E-coli as a base, Xbrane has an
efficient way to produce complex manufactured and desirable
proteins. Suffice 0.5 liters E-coli to make the same amount of
proteins that normally requires 30 liters. The trick is a genome
that regulate cell factory's production fox max output. Proteins
for drugs are 85% cheaper than current technologies.
F.ex, to cure age-related macular degeneration - or macular
disease, each treatment with a Lucentis-drug costs 15,000€.
There are large populations that can not afford this drug today.
Our goal is to make medicine accessible to more people.
Researchers have developed “tunable windows”, to make windows turn cloudy that
is easier andcheaper tomake.Theytell their design inthe journalOptics Letters,from
The Optical Society (OSA). Most tunable windows have a thin coating of materials
such as tungsten oxide, which is vacuum deposited on glass. When electricity is
applied, it triggers an electro-chem reaction that turns the material opaque.
A new method uses physics rather than chems. The window is made from a stiff
sheet of thin plastic or glass, which is inserted between two layers of a transparent
rubbery material called an elastomer. They then cover both sides with a network
of silver nanowires, each a few microns long and 90 nanom. across. They are
scattered randomly, similar to a game of pick-up sticks. The nanowires don't scatter
light and sparsely cover the surface, leaving the window transparent. But things
change when you apply an electric voltage. The 2 nanowire layers act as electro-
des, and the voltage causes themtobe attractedtoeachother.The nanowirelayers
squeezethesoft elastomer between them; but only where there are nanowires,
creating an uneven surface where bulges form in the gaps between the wires.
Thisunevensurface scatters lightjustlikehow wavesonapool's surfacepreventyou
from seeing intothewater. Yougofrom aflatsurfacetoa roughone, which causes
themajority of thescatteringthat changesitfrom a transparent to an opaque material.
The change happens quickly, changing the color of the material in a second,
onto gray, whereas the chemical-based windows have a bluish tinge.
One of themajoradvantagesoftiny nanowiresis acheaper& simpler manufacturing.
F.ex, the nanowire layers could be sprayed on which means to scale the technology
to any size. The elastomer sheets are manufactured in giant rolls. The chemical-
based windows, on the other hand, require expensive high-vacuum technology.
DRUGS 85% CHEAPER TUNABLE WINDOWS>>OPAQUE
BOOK:‘‘‘‘PORTUGAL PÓS-TROIKA? ECONOMIC DEMOCRACY?'

2. SSSWWWEEEDDDUUUTTTEEECCCHHH04/16: INNOVATION&SUSTAINABLE DEVELOPMENT
Excerpts from the forewords:
Everything that is said,serves to affirm that in the XXI century
we face a blank in finding a solution to the crisis - which
requires to consider the issues of population, peace, science
and the relationship between employment and wealth
accumulation with the level of consumption.(...) The authors
of this book bring important insights to this debate.
Guilherme d’Oliveira MartinsGuilherme d’Oliveira MartinsGuilherme d’Oliveira MartinsGuilherme d’Oliveira Martins
President of Tribunal de Contas de Portugal
J. Soifer makes us a historical tour since the days of antiquity,
through the 1
st
and 2
nd
World Wars, the Industrial Revolution,
the colonial era, the Marshall Plan to get an in-depth reflection
on the state of European integration and trouble of EZ& EMU.
Luís Mira AmaralLuís Mira AmaralLuís Mira AmaralLuís Mira Amaral
President of BancoBIC
This is a sample of the 6th edition of HELM-PwC Economy
of the Sea Barometer that, this year, is about safety (saving
lives at sea). The seas are a vast natural resource that needs
to be valued economically, socially and environmentally. Many
of the challenges brought by population growth, including food,
energy, employment, health and leisure, have options in the
economy of the seas. It is worth to read!
In Portugal, despite the macroeconomic constraints, there
are a number of maritimeindustries that,in recent years,have
experienced major levels of growth. The increase in the
volume of cargo passing our ports,together with the increase
in the number of cruises and the export of raw fish and fish
products, are the three main pillars for a growth in Portugal.
It shows, a.o, that maintenance of ships dropped to half,
construction vanished while moving containers on harbours
increased with 20%.
LLLOOONNNGGGEEERRR FFFLLLIIIGGGHHHTTTSSS,,, LLLEEESSSSSS FFFUUUEEELLL
A Boeing 737Max8 was in the air for an extensive test
program that will lead to delivery to Southwest Airlines in
autumn of 2017. It is the middle of the three variants to be
built. It is 39.5 meters long, a wingspan of 35.9m and can
seat up to 175 passengers.
The first Boeing 737 flew in 1967. This one has a range of
6510km, an increase of 1000 km. Its engine LEAP-1B will
provide 20% better fuel efficiency than earlier 737s.]
PORTUGUESE TRAVEL CONGRESS
Secretary of Tourism, Ana Mendes, at the APAVT-Congress
APAVT,the Portuguesetravel agencies’association,had its
congress in the Salgados’ Congress Hall, in the Algarve.
SSSUUUPPPEEERRR PPPOOORRRTTTAAACCCOOONNNTTTEEENNNTTTOOORRREEESSS
Atualmente os maiores navios porta-contentores têm
19.000TEUs (equivalentes contentores de 20 pés). Mas
esses navios gigantes só podem navegar entre uns poucos
portos na Ásia e Europa. Eles exigem profundidade e caras
soluções logísticas. Tem sido difícil manter a capacidade
portuária para o aumento da procura por porta-contentores.
Ulrich Malchow, professor de economia marinha da Univers.
de Bremen, disse que não é possível aumentar mais a
eficiência desses gigantes. A companhia dinamarquesa
Maersk já disse que não quer mais navios grandes.
Malchow citou os superpetroleiros construídos há 40 anos
para meio milhão de toneladas. Eles nunca se tornaram um
bom negócio, em grande parte porque eram grandes
demais para tomar atalhos como o Canal do Panamá e do
Canal de Suez, e o número de portos onde atracar eram
limitados. Hoje a maioria deles virou sucata.
SAÚDE PARA TODOS
O governo sueco apresentou, com as autarquias uma visão
para o país se tornar o melhor, na informação médica. A digi-
talização acelerar atendimentos, diz o ministro da Saúde lá.
A Suécia tem estado na vanguarda da digitalização da
saúde, mas o sistema trava o potencial dos novos softwares.
Um exemplo é ter uma lista de medicamentos comum, para
que um médico que prescreve remédios possa ver quais
outras drogasos pacientes tomam.A legislação nacional vai
mudar, para facilitar as PMEs e startups fabricar medica-
mentos e assim contornar os carteis. O desafio, diz ele, é os
players aceitarem a nova legislação.
- Não é fácil modernizar as leis, pois há muitos interesses
fortes e opostos, mas é essencial, para que possamos ter
cuidados de saúde menos caros e mais eficazes.
“A DEFESA DAS CAUSAS”
A competitividade das nossas empresas é tênue. Uns críticos são
diplomatas ao listá-las; outros citam soluções detalhadas, como
este livro do Presidente da CIP. António Saraiva alia a experiên-
cia de ter sido trabalhador da Lisnave com a de empresário, e já
há décadas líder nato das associações onde participa.
Há muito governos não governam e o resultado é a desindustria-
lização, o crédito arriscado, a falta de controlo das agências que
deviam controlar, a reduzida concorrência com o aparecimento
de cartéis em toda a economia. E ainda a enorme burocracia que
garante chorudos salários a ex-políticos, para mantê-los calados.
Já em 2005 escrevi que as agências de rating erravam ao dar
AAA a Portugal. Havia elevada dívida pública e privada; a privada
ía para o consumo de supérfluos como carro topo de gama,
viagens ao estrangeiro, em vez de para modernizar a indústria.
Ao longo do livro Saraiva dá exemplos do que se poderia fazer,
como na p.45, em “outras formas de financiamento”. Ele destaca
o “imperativo do crescimento” para garantir postos de trabalho.
Mas o que se viu foi o foco no financista, não na economia real
com a consequência, já prevista até pelosopositores da Troika
dentro do FMI. O desemprego que na crise, antes da Troika,
estava em 10% dobrou e agravou a crise. Num só ano o “stock
de crédito interno concedido às empresas reduziu-se 6,2%”. “As
tesourarias estão exauridas”. É LER PARA RETER!
EEECCCOOONNNOOOMMMYYY OOOFFF TTTHHHEEE SSSEEEAAASSS
PPPOOORRRTTTUUUGGGAAALLL PPPOOOSSS---TTTRRROOOIIIKKKAAA

3. SSSWWWEEEDDDUUUTTTEEECCCHHH04/16:p.3; mail: jackfer@sapo.pt
-PROBLEMAS EDUCACIONALES EN AMAZONIA,p.51-62, inTecno-
logía Educativa, Organización de los Estados Americanos, Caracas, 1976
- A GRANDE PEQUENAEMPRESA,QualityMark,RiodeJaneiro,2002
- EMPREENDER TURISMO E ECOTURISMO,QualityMark, Rio,2005
-EMPREENDER TURISMO DE NATUREZA,Soifer Editor, Lisboa,2008
-ENTREPRENEURINGSUSTAINABLE TOURISM,SoiferEditor,Lisboa,2008
-COMO SAIR DA CRISE A,Soifer Ed,Lisboa,2009,978-989-95976-1-7
-THE FUTURE OF TOURISM,APTUR, Porto,2009, 978-972-8257-93-4
-COMO SAIR DA CRISE B, idem(a), Lisboa, 2010, 978-989-95976-2-4
-LUCRARNACRISE,SoiferEditor/APBA/SEDES,Lx,’10,978-989-95976-4-8
-PORTUGAL RURAL,Soifer Ed,Lisboa,2011, 978-989-95976-7-9
-TRANSPORTESPARASAIRDACRISE,p.81-84in FINIS MUNDI,2011
- ALGARVE/ALENTEJO-MY LOVE,idem,Lx 2012,978-989-95976-8-6
-ONTEM E OJE NA ECONOMIA, idem,Lx 2012, 978-989-95976-9-3
- POTENCIALIDADES COMERCIAIS, p.195-200 in PLANO C,
Bertrand Editora, Lisboa, 2012, isbn 978-972-25-2541-1
Hans-ErhardReiter
Based on the bilingual books PORTUGAL PÓS-TROIKA?
ECONOMIC DEMOCRACY IN THE EU? +ALGARVE/
ALENTEJO MYLOVE,alsoONTEMeOJEnaECONOMIA
and PORTUGAL RURAL, two sessions of debates with
economists, doctors, bizmen and top managers of both foreign
and local corporations and banks took place in the Algarve.
Rogério Bacalhau, Mayor of Faro, opened the event citing a
huge debt his predecessors left. He mentioned the importance
to repair and recover old buildings which gives a lot of jobs.
Mendo Henriques, >>>
pres. of the Port. Democracy
Institute said the EU must
change its attitude towards
debt. It must lighten the debt
of house-holds & firms, not
banks. He mentioned the
huge private&public debt
totalling €840 bi.
João Fernandes, vice pres.of Algarve Tourism Board
brought recent data on the growth of this vital activity for
the region+country,forecasting growth for 2016+2017.In
’15 it brought 6,4% of the GNP and 7,9% of the jobs.
Elidérico Viegas,pres.of the Associationof Hotels&Tourist
Enterprises of the Algarve warned of exaggerated optimism.
The 12 million tourists who we already had were not
overcome by estabested in 2015. He also mentioned the
seasonality and the need for more promotion +attracting not
only those now fleeing the problems of our competitors. He
said the official data is optimistic, whereas our competitors
besides the conflictingcountries are struggling toovercomeus.
Jack Soifer listed many niches to generate employment in
the country. We all should work to correct small deviations
and develop what we can still explore further. He spoke of
the effects of exit from the Euro by Finland+Austria+Greece,
and if not allowed, the exit from the EU, after the BREXIT.
Vital inputsalsobyMªHelena Baião,Luis Coelho,Filipe Ravara,
Gerhard Zabel, AlexandraMaasberg,GöranLinde,MárioNunes,
Nuno M.Neto, Rui Virgínia&Fernando Santos.
AAALLLGGGAAARRRVVVEEE /// AAALLLEEENNNTTTEEEJJJOOO MMMYYY LLLOOOVVVEEE,,, OOONNNTTTEEEMMM &&&
OOOJJJEEE nnnaaa EEECCCOOONNNOOOMMMIIIAAA,,, PPPOOORRRTTTUUUGGGAAALLL RRRUUURRRAAALLL
Agricultural development needs small entrepreneurs.
Without a solid sector of small & medium enterprises,
agriculture isboundtobecomeunsustainable.J.Soifer and
his young colleagues draw this lesson from successful
agroproducing countries like the onesmentionedinthisbook.
Louk Box,Hon.professor ofint’l cooperation , MaastrichtUniversity
Jack Soifer, with his unusual & fair style has efficient
proposals to solve some of the problems which shake
Portugal. We should read and spread this book.
Dom Duarte Pio, Duke of Bragança
J.Soifer brings us the concept of entrepreneurship, small
and creative enterprises in agriculture, agro-industry,
renewable energy services & tourism. This way started
the market economy, before distorted by…
L. Mira Amaral, President, Banco BIC
This book shows a good team-work,with research &metho-
dology attuned to the diversity and complexity of the issue.
Fernando Pinto, President, AirPortugal
With his determination, persistent optimism and confident
hopein thefuture,JackSoifercontinuestodrawourattention
to theopportunities that wehavenotyet takenadvantageof,
and to the challenges that we should overcome.
AntónioSaraiva,Pres.ConfederaçãodasEmpresasPortuguesas
The seas are a vast natural resource that needs to be
valued economically, socially and environmentally. Many of
the challenges brought by population growth, including food,
energy, employment, health and leisure, have options in the
economy of the seas. PwC’s Sea Barometer tells more.
In Portugal,despite the macroeconomic constraints,there are
a number of maritime industries that, in recent years, have
experienced good levels of growth. The increase in the
volume of cargo passing our ports, together with theincrease
in the number of cruises and the export of raw fish &fish
products, are the three main pillars for a growth in Portugal.
Although Gross Revenue of maintenance and repairs have
halved, the Gross Tonnage of ship movements increased.
THE FUTURE OF PORTUGAL & EU
CAPÍTULOS+LIVROS: JACK SOIFER
THE ECONOMY OF THE SEAS

4. OOO FFFUUUTTTUUURRROOO DDDEEE PPPOOORRRTTTUUUGGGAAALLL
Com a presença de 32 empresários, diretores, médicos e um
cônsul, realizou-se na FNAC-Faro um debate sobre Portugal.
O pres.da CM-Faro, Rogério Bacalhau, abriu o evento com
foco na dívida que os seus antecessores lhe deixaram.
Enfatizou que o importante é trabalharmos para reparar o que
precisa ser melho-rado e exemplificou com a recuperação de
imóveis antigos que gera muito emprego.
RogérioBacalhau
João Fernandes, vice-pres.da Região de Turismo do Algarve
trouxe dados recentes sobre o crescimento desta atividade
vital na região e no País; disse que as previsões para 2016 e
2017 são positivas, já que o problema dos nossos concorren-
tes no Mediterrâneo devem continuar. Em ‘15 o turismo trouxe
6,4% do PIB e 7,9% do emprego; pode cres-cer 3,6% em 2016.
No mundo ele representa 9,8% do PIB. Disse que temos que
desenvolver mais as outras modalidades alem do sol-praia e
golfe. Destacou que a sazonalidade deve ser reduzida.
JoãoFernandes
Elidérico Viegas, pres.da Associação Hotelaria e Empresas
Turísticas alertou para o exagerado otimismo. Os 12 milhões
de turistas que já tivemos não foram ultrapassados em 2015.
Citou ainda a sazonalidade e a necessidade de atrair não só
os que hoje fogem dos problemas dos nossos concorrentes.
Disse serem otimistas aa previsões, considerando que outros
concorrentes além dos conflitantes, lutam para nos superar.
EElidéricoViegas
Mendo Henriques,pres.doInstituto da Democracia Portuguesa
focou a necessidade de uma reviravolta europeia face à dívida.
Primeiro deve ser resolvida a dívida das famílias e empresas e
não a dos bancos e estados. Destacou a enorme dívida
portuguesa, sendo a privada maior do que a pública e com as
parcerias pública-privadas o total chega a 700+140 MM€, impa-
gável. Isso se deve a “política do betão”, iniciada nos anos1980.
Nos últimos 20 anos, essa dívida fez secar os investimentos.
Jack Soifer citou o potencial de nichos para gerar emprego no
País. Enquanto outros falam da garrafa meio-vazia, ele fala
da meio-cheia. Falou dos efeitos da saída do Euro da Áustria,
Finlândia e Grécia e, se não o permitirem, a saída da UE,
após o GREXIT. “Portugal temum enorme potencial,mas a
burocracia assusta os investidores”, disse.
SSSWWWEEEDDDUUUTTTEEECCCHHH 04/16
Com a participação de 35empresários, diretores e médicos,
sendo 8 de 5 países e um cônsul,realizou-se na FNAC-
Algarve-Shopping um debate sobre o futuro de Portugal.
Rui Virgínia,QuintadoBarrancoLongofaloudeempreender
no Algarve e da qualidade dos vinhos para exportação. Tra-
balha com estrangeiros e visitantes, sem nenhum apoio
institucional, e exporta mais do que consegue produzir.
Gerhard Zabel,Quinta da Figueirinha,falou do Agroturismo
e da agricultura biológica, focando turistas de natureza,
especialmente dos países de fala alemã.
Mário Nunes,pres.da AG da AssociaçãodosProdutores de
Figo da Índia, mencionou o que faz a associação e o quanto
sepoderia reduzira importaçãodesubstânciasfarmacêuticas
se o Estado ajustasse as suas regras à realidade do sector.
Nuno Miguel Neto, pres.da APEXA, falou da integração na
comunidade,como deficientes podem tornar-se úteis e inde-
pendentes, com a ajuda para auto-ajuda, com qualificação
profissional e outros apoios.
Oprofessor e autor sueco Göran Linde falou dosdireitos dos
pequenos países na UE, numa estrutura muito burocrática.
F.ex, the state wants us to buy a car in Portugal and pay all taxes
and fees here.There are moreout-migrants than immigrants who
could take a foreign car, bought in Portugal by newcomers. The
State makes it difficult for us to exploit the freedoms the EU brings
us.States try tocircumvent them.Bigcorporations bring them free.
This is an ex. of how individual bureaucrats stop EU freedoms.
They do it because we as citizens of the EU do not get involved
in how our states act in terms of benefits EU rights&freedoms.
We do not act as a European "demos", as Europeans that sets
our requirements in terms of rights and freedoms. As long as we
do not, it can always individual states act contrary to our rights
Ricardo Mariano falou de como ao importar produtos da
China, também apoia pequenos exportadores a penetrar
nalguns nichos daquele país.
Mendo Henriques, pres. do IDP, Instituto da Democracia
Portuguesa, disse que a dívida total pública e privada dos
portugueses éimpagável,uns 840MM€,eque só mediante
a sua renegociação e reestruturação Portugal poderá ter um
futuro como país independente do jugo financeiro estrangeiro.
Destacou que a dívida é o preço da política do betão, que
nos anos 80 e 90 teve benefícios para equipamentos,
habitações, estradas e indústrias colaterais mas que depois
se tornou contraproducente e ruinosa.
Ótimosinputs deAlexandraMaasberg,FilipeRavara, MªH.Baião