The benefits obtained in terms of employment, while significant, proved ephemeral, because they were not accompanied by the structural change required in many parts of our productive economy.
In order for a larger and more highly skilled labour BANCA D’ITALIA  The Governor’s Concluding Remarks Annual Report 2016  15  supply to be fully utilized in jobs that satisfy the legitimate expectations of the younger generations, there must be a qualitative leap to help foster innovation and improve the mechanisms that drive resource allocation.