Moving Europe's productivity frontier

Moving Europe's productivity frontier

Key points

There is a close correlation between the Lisbon implementation and progress in the growth of employment and GDP per capita. On the basis of this conclusion, the EESC encourages Member States to implement the full Lisbon programme as soon as possible.

The Committee is particularly anxious to see greater investment in knowledge, education and R&D. EU economies need to face competition to meet the challenges of globalisation. The redeployment of the factors of production from failing industries and sectors to emerging and thriving industries and sectors is required. This means a Member State commitment of resources to flexicurity.

Supply-side measures to improve competitiveness must be accompanied by a macroeconomic policy mix that promotes incomes, demand and jobs.