However, infrastructure is not the only area we should focus on. We should concern ourselves far more with the qualifications of the workforce – given a mismatch between the skills of more than one-third of workers and the labour market requirements. It is a narrow bottleneck that also impedes the flow of foreign direct investment.
Meanwhile, the pandemic will certainly speed up the processes of digitalisation and job automation as robots have the advantage of not spreading the virus (at least COVID). Therefore, technological progress necessitates investment in workers’ skills, education and lifelong learning programmes. And the purpose of that is not merely to enable workers to keep their jobs.