Now, I’d like to talk about some of the longer-term forces we can expect to see at work in the economy in the years ahead and the economic adjustments that will likely be necessary. 2  BIS Review 10/2004  The first point I would make is that we have an opportunity in the next few years to again register solid productivity gains.
This time, the information and communications technology sector is providing the general-purpose technologies that can drive sustained gains in productivity and incomes. Of course, the mere presence of technology is not enough to guarantee higher productivity. We also need investment, as well as training and organizational changes and flexibility.