It enhances the opportunity to get into a new position and leads to higher employment security. Education and training systems need to help workers master transitions between jobs and keep up with technological developments. Flexible labour markets and efficient activation measures contribute to shorter periods of unemployment, which could otherwise lead to a decline in worker’s skills and productivity.
3.2  Globalisation and productivity growth  Let me now turn to the link between globalisation and productivity growth. In essence, globalisation means the increased international economic interdependence and the rapid integration of several emerging economies into global trade and production networks that we have experienced in recent decades.