We have to make sure that policies keep up with the technological change that has been transforming our economies at breakneck speed. The menu of policy options delivered today is a step towards better harnessing the full potential of technology, and ensuring its benefits spread across society.
I am delighted to launch the 35th edition of the OECD’s Employment Outlook. This comes hot on the heels of our latest Economic Outlook, which projects economic growth in the OECD of 2.6% in 2018, and 2.5% in 2019. While not at a record high, growth appears stronger. Job gains in particular have been impressive.
"Toute crise prépare la suivante." These words by Michel Camdessus are a warning, but should also be a stimulus for policy, an invitation to be alert, to be in constant reflection, in constant attention, to understand what happened, what is happening and what can happen.
The menu of policy options you agreed to develop will be an important step to ensure that ambitious collective policy responses are taken to seize the opportunities of technological change and to make sure no one is left behind. Let me focus on three areas of the “menu”.
In the context of rapid and massive technological change, closing the gap between “Policy 1.0” and “Technology 4.0” is urgent. The OECD is happy to have contributed a report that underpins the Framework Working Group members’ analysis on the implications of the future of work for growth and inclusiveness.
I must admit, this might be my favourite event of this Summit... but don’t tell anyone! It is indeed a great opportunity to address such a unique and inspiring crowd of young pioneers from a variety of backgrounds.
In the post-war period, Italy enjoyed high growth by exploiting its decentralised production base and nurturing the technical and vocational skills needed for specialised manufacturing. But over the past fifteen years, Italy’s economic performance has been sluggish and productivity has stagnated. This is partly due to skills challenges.
It is a great pleasure to join you to open this event and present the new OECD report, Local Job Creation: Employment and Skills Strategies in Slovenia. Allow me to begin by acknowledging the close partnership with both ministries throughout this project.
The G20 is suffering from ageing populations and declining productivity growth. While a pervasive technology revolution is accelerating globalisation.
It is my pleasure to launch the OECD’s 2017 Employment Outlook, our flagship report on key labour market developments and prospects in OECD member countries. I’d like to thank Minister Nahles and Germany’s Federal Ministry of Employment and Social Affairs for hosting this event. Today’s launch is very timely given our High-Level Policy Forum on the new OECD Jobs Strategy here in Berlin.