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What is the performance of functional programs like?

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What is the performance of functional programs like?

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In some circles, programs written in functional languages have obtained a reputation for lack of performance. Part of this results from the high-level of abstraction that is common in such programs and from powerful features such as higher-order functions, automatic storage management, etc. Of course, the performance of interpreters and compilers for functional languages keeps improving with new technological developments.

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