Do we have a national vision on productivity? If we do, it is well hidden. Let us proclaim this vision from the rooftops so everyone can hear. This week, dedicated to productivity, will help in the understanding of the national vision. Let me begin this presentation on a global level. We live in an increasingly globalised world.
Globalisation and all its side effects is unstoppable. The barriers to trade, capital flows and labour migration are coming down. Preferential treatments are being dismantled. In this turbulent world, the nice tradition of love thy neighbour if there was ever one, is now out of the window. You either swim or you sink. And when you sink, the rescue operation will be extremely painful.