Last year, I also spoke to this honorable forum about productivity, and I focused on a number of sources for the disappointing increase in output per work hour in most industries in the business sector in the past two decades. I focused on the low stock of capital per worker, on the low level of infrastructure, and on the low government investment in R&D.
In addition, I related to a number of opportunities for improving public services through investment in physical and human infrastructure in them, as well as to reinforce the policy of narrowing gaps and integrate various population groups in the labor market.