Reduction in pollution through competitive pressure, legal framework and efficient technology
The increase in trade and economic output leads to a better GDP growth for the country and increasing the per capita income. In addition, a better external balance also reduces the possibility of default. A fall in red tape, corruption and a surge in deregulation also translate into a higher possibility for economic boom. This should thus reduce the SSX from 5.75% to approximately 2 - 3%.
Further to that, increase in productivity alongside cultural improvement such as advances in sciences and education will lead to an increase in employment. A surge in employment rate will also increase the inflation rate in the country. Hence, the CEX should increase to about 3 - 5%.