If we won’t affect the underlying factors that lead to our productivity being low and slowgrowing, not only will we not reach GDP per capita levels that are similar to the most advanced economies, but the demographic trends and the process of exhausting the increase in the educational attainment that we have described so far are expected to act toward a notable slowdown in the future rate of GDP per capita growth.
A scenario of convergence – of both employment rates and the relevance of education – to the patterns of the general population will reduce part of the negative impact on GDP per capita. Global economic trends are also, as noted, a headwind to growth.