Competitiveness has been reduced by price and wage inflation which has been reinforced by infrastructural constraints. The OECD concludes its analysis by stating that, given these considerations, growth had to slow sooner or later, even though the downward shift in economic growth has undoubtedly been linked to the slowdown in the international economy and its impact on the ICT sector. It notes that the apparent resilience of economic activity is somewhat surprising given the series of economic shocks that affected the economy between mid-2000 and 2002. It attributes this resilience to the diversification in FDI investment in recent years as well as housing construction and the expansion of economic investment.