"This paper looks at the level of labour productivity growth that would be needed to maintain current GDP growth rates given the projected decline in the workforce expected due to population ageing.

DG ECFIN's Fellowship Initiative 2018-2019 “The Productivity Challenge: Jobs and Incomes in the Dawning Era of Intelligent Robots” has solicited contributions examining current and possible future productivity developments in Europe. In view of possible hysteresis effects after the crisis and in the general context of ageing populations and globalisation, the aim has been to re-examine the ongoing trends and drivers and to identify policies to tap fully the potential for inclusive productivity growth. The fellowships have been awarded to prominent scholars in the field to interact with staff in ECFIN and other Commission colleagues, and to prepare final reports on specific research questions within this general topic."

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ISBN (PDF) : 978-92-79-11185-6