GFP Activity Report 2024

Activities report 2024

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Contact information: Productivity@oecd.org Website http://oe.cd/GFP April 2025

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About the GFP The Global Forum on Productivity (GFP) was created in 2015 from an initiative of several teams in different parts of the OECD (Economics Department and Directorate for Science, Technology and Innovation) and endorsed by their respective OECD committees, namely the Economic Policy Committee (EPC), the Committee on Industry, Innovation and Entrepreneurship (CIIE) and the Economic Development Review Committee (EDRC). The GFP revolves around three axes – research, convening and communication – which draw upon, complement, and enhance the work already designated within the work programme of these Committees.

As a platform for mutual exchange of information and ideas, the GFP is a forum to discuss the latest analyses and best practices in public policy through which governments combine efforts to uncover the structural and policy factors behind the productivity slowdown.

Through this concerted mission to foster international collaboration, the GFP gives government institutions the opportunity to discuss their views on institutional setups, share data and knowledge and undertake joint policy analysis.

The present Activities Report summarises the work carried out by the GFP over 2024 and is structured in four sections: (i) About the GFP; (ii) Research; (iii) Events; and (iv) Communication.

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GFP Steering Group members and contributors in 2024 The GFP is guided by its Steering Group, whose members fund the activities and decide the programme of work of the Forum, as well as the allocation of available funds among three main activities: research, convening and communication.

In addition to determining the work agenda of the GFP Secretariat at OECD, contributors have the possibility to engage in joint research and policy analysis.

They can also co-organise and host GFP events to catalyse the public debate about the importance of productivity growth in their country and to raise the international and domestic visibility of their respective institutions. These events also provide an opportunity to network with high-level academics at the forefront of productivity research as well as with officials from other countries.

Finally, GFP contributors have access to a password-protected interactive platform to facilitate information-sharing among them.

In 2024, the Steering Group was composed of 21 members, representing countries or international institutions: Australia, Belgium, Brazil, Canada, Chile, Costa Rica, Denmark, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Luxembourg, Portugal, Slovenia, Spain, the United Kingdom; the European Commission and the Asian Productivity Organization (APO).

JOIN THE GFP COMMUNITY! Ready to be part of a global network shaping the future of productivity?

Contact us to explore your eligibility at productivity@oecd.org, or visit our website at http://oe.cd/GFP to learn more.

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Co-chairs of the Steering Group in 2024 The Steering Group of the GFP appoints co-chairs to coordinate the activities of the Forum. In 2024, the GFP co-chairs were Rodrigo Krell (Chile), Stefan Profit (Germany), Ottavio Ricchi (Italy) and Ihssane Slimani Houti (France).

Rodrigo Krell is the executive director of Chile’s National Evaluation and Productivity Commission. He is an economist specialising in Industrial Organisation. He has also served as Head of Regulation and Research at the Ministry of Economy and Chief Economist at InvestChile. Currently, he is also an Adjunct Professor at the Faculty of Economics and Business at the University of Chile.

Stefan Profit holds position of a Deputy Director General in the Economic Policy Department of the German Federal Ministry of Economic Affairs and Climate Action. His directorate deals with macroeconomic developments, economic analyses and projections. Before assuming this position, he was in charge of a unit focusing on the empirical research in the field of inclusive growth, productivity and investment, as well as assessing growth and distributional effects of structural reforms. During previous assignments in the ministry, he worked in the field of labour market reform and energy policy, foreign economic affairs, policy planning, and served as a personal advisor to the Minister. Previous to his engagement within the federal government he worked for the Bertelsmann Foundation.

He has an academic background in labour economics holding a doctoral degree in Economics from Humboldt University Berlin.

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Ottavio Ricchi is Head of Unit in the Italian Ministry of Economy and Finance. He is responsible for potential output and structural public finance estimates, debt sustainability projections and productivity analysis, and he was formerly in charge of the macroeconomic forecasts unit and of the liaison unit with the EU-Economic Policy Committee. He is the chair of the EU-Output Gap Working Group. He graduated from the University of Naples and holds an MSc in economics at the University of York (UK) and a Ph.D. in Economics from the University of Exeter (UK). His main areas of interest include productivity analysis, economic modelling, public finance, and international economics.

Ihssane Slimani Houti is Deputy Assistant Secretary for Macroeconomic Policies at the French Treasury. Before starting this position in March 2023, she was Head of Export Credit Finance on Aerospace, Defence and Shipping and Head of Tax Policy and Public Spending Unit. She joined the Directorate General of the Treasury in 2010 as Deputy Head of the Tax Policies Unit and worked at the National Institute of Statistics and Economic Studies (INSEE) as an economist before becoming Deputy Secretary General of the Paris Club from 2016 to 2018. She holds degrees in economics and business from École Normale Supérieure (Cachan), Sciences Po Paris, and École Nationale de la Statistique et de l’Administration Économique (ENSAE).

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Funding and governance Participation in the Steering Group entails commitment to contribute a minimum of EUR 25 000 per year to fund the GFP. This budget covers the following costs: (i) the policy research agenda elaborated according to the preferences of the Steering Group, (ii) the management of the network and the organisation of events (conferences, workshops and other types of convening), and (iii) the communication and dissemination of the activities of the Forum.

Contributors of the Steering Group are at the centre of the GFP and guide the activities of the Forum during Steering Group meetings. These meetings also give contributors an additional possibility to share any relevant work being done in their respective institutions.

Spring – Steering Group meeting l Financial statement of the previous year and

budget estimate for the current year

l Overview of the budget situation l Outline and discussion of Annual Conference

organisation and other events

l Presentation of analytical work

Summer – Informal Steering Group meeting at Annual Conference l Discussion on conference items, including

with speakers

Fall – Steering Group meeting l Presentation of analytical work

At the Spring Steering Group meeting, contributors overview the budget situation of the previous year, receive its full financial report and a budget estimate for the ongoing year, appoint the co-chairs and overview the planned activities for the year. In view of improving the financial stability of the GFP and enhancing the coherence and continuity of its programme of work, contributors are expected to send their voluntary contributions by the Annual Conference of the GFP, which in 2024 took place in October. During the Fall Steering Group meeting, the GFP presents the results of research work that was carried out during the year and had not yet been presented in the Spring or at the Annual Conference. Contributors also discuss and decide the programme of work for the next years, once every two years.

l Discussion on the work programme of the

next two years

l Recap on due voluntary contributions

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Research The GFP’s analytical activities are driven by a carefully crafted programme of work set by the GFP Steering Group, serving as a catalyst for collaborative research within the OECD and through joint projects with member countries. Focused on the priorities identified by Steering Group contributors, the GFP’s research seamlessly aligns with the OECD Committees’ work programme, fostering synergies that amplify impact and relevance. The section below presents selected results from research carried out over the year.

Exploring the causes of increased labour market shortages Labour shortages and mismatches have become a growing concern over the past decade, influencing inflation, wage inequality, and productivity growth. Mismatches – or the fact that a worker is doing a job they are not suited for – also affect productivity, and can prolong economic downturns.

emissions), digitalisation (adoption of digital technologies), deglobalisation (i.e., existing shifts in trade patterns of intermediate goods and services), and diffusion of artificial intelligence (AI).

All these trends can impact job availability, skill demand, and hiring processes in complex ways, often creating frictions in labour markets.

In the forthcoming paper “All hands on deck: Do structural megatrends affect labour market shortages and mismatch “, the GFP analyses how labour market shortages and mismatches are shaped by five economic long-term trends: demographics (ageing populations), decarbonisation (reducing greenhouse gases

This study produces two new datasets of sectorlevel data from 32 countries between 2010 and 2019: one measuring labour shortages and mismatches, and another tracking the impact of the mentioned economic trends in a harmonised way across countries. Shortages are measured through labour market tightness (vacancy-to-

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unemployment ratios), while mismatches are assessed based on qualification gaps in various sectors (share of employment that holds a qualification different than the modal employed worker in the specific occupation, country and sector). Structural trends are measured using a combination of country trends and sectoral exposure to them (shift-shares), which limits the likelihood of biases in the analysis (endogeneity).

2010-19, overqualification increased while underqualification declined.

The econometric analysis shows that decarbonisation and digitalisation worsened labour tightness and temporarily increased overqualification, as the “twin” green and digital transitions require substantial complementary human capital to progress, increasing the demand for scarce green and digital skills. Workforce ageing reduced the supply of highly skilled workers, increasing tightness in the medium run, but also forcing firms to rely on less-qualified employees.

Deglobalisation, particularly through reduced import penetration, also contributed to labour tightness. AI overall reduced tightness and overqualification by automating tasks, though when AI complemented human labour, the effects reversed. Magnitudes are relevant: for example, closing half the gap between a country’s decarbonisation efforts and the economies at the frontier in decarbonisation would increase tightness by 0.3 percentage points.

Findings show that labour market tightness increased significantly before the COVID-19 pandemic. Knowledge-intensive sectors, such as finance, healthcare, and ICT, saw the most pronounced increase in tightness, while professional services contributed heavily to the aggregate increase, due to their large share of total employment. Qualification mismatches were also widespread, with nearly half of OECD workers being either overqualified or underqualified. Knowledge-intensive industries reported the highest mismatch levels. Over

FIGURE 1: THE DYNAMIC RELATIONSHIP BETWEEN MEGATRENDS AND TIGHTNESS Percentage change (0.1 = 10%) increase in tightness in sectors most exposed to ageing (resp. decarbonisation) after a 1% increase in ageing (decarbonisation), today until four years from now AGEING

D E C A R B O N I S AT I O N

0.3

0.6

0.2

0.4

0.1

0.2

0.0

0.0

-0.1

-0.2 0

1

2

3

4

0

1

2

3

Notes: The graph reports the estimated coefficients of a local projection regression of (log-)tightness on a lagged economic trend term (ageing, decarbonisation), while controlling for all others. All regressions include country/sector and country/time fixed effects, as well as controls for two lags of the outcome, lagged sectoral production, cost of labour and the share of workers with at least a bachelor degree. Confidence intervals at 95%.

Source: Dorville, Filippucci and Marcolin (2025) based on European Labour Force Survey, US Current Population Survey, Canada Labour Force Survey, Australian HILDA, Encuesta Continua de Empleo for Costa Rica and PNAD Continua for Brazil (employment by qualification and unemployment). OECD estimates based on Lightcast, Eurostat, Statcan, US Bureau of Labor Statistics, and Australian Bureau of Statistics (vacancies).

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These findings highlight the need for adaptive policies to mitigate the impact of structural economic trends on labour shortages and mismatches. Policymakers can address these issues by investing in education, vocational training, and adult learning to improve skills

supply. Labour force participation could be also boosted through migration policies, childcare support, and tax reforms. Greater telework flexibility and more effective labour mobility policies (licensing reforms, active labour market programmes), can also help improve job matching.

Five facts about labour shortages in firms Despite growing attention to labour shortages, capturing their full extent and impact remains difficult, especially in a harmonised way across countries. In particular, most existing indicators do not measure the phenomenon at the firm level, where shortages are likely to increase operational, training and recruitment costs. Addressing this gap, the OECD launched a new survey of firms aiming to examine the extent, causes, and consequences of shortages while maintaining a high level of cross-country comparability through standardised data collection. The 2024 GFP Employer Survey on Labour Shortages is the first cross-country employer-based data collection on

the topic at the OECD. It collected responses from 20 000 firms across 34 OECD countries, Brazil, and South Africa.

Five key facts emerge from the collected data and are described in the forthcoming paper “The firm side of labour shortages”.

First, labour shortages are widespread and severe, with 80% of firms reporting recruitment difficulties on average across country, and 30% of them reporting severe shortages. Sectors such as manufacturing, healthcare, ICT, professional services, and construction are particularly affected.

FIGURE 2: FIRMS REPORT SEVERE DIFFICULTIES FINDING PERSONNEL

Share of firms reporting recruitment difficulties, 2022-2023, GFP countries 1.0

Severe shortages

0.9

Shortages

0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0

BRA

AUS

CRI

PRT

CHL

ESP

CAN

GBR

JPN

OECD GRC average

ITA

BEL

DNK

HUN

IRL

FRA

SVN

DEU

Note: Respondents were asked if their firm encountered any difficulties in recruiting employees in the last 24 months. Severe shortages occur if all or most of the opened vacancies in the firm were hard to fill.

Source: Filippucci, Laengle and Marcolin (2025), based on GFP Employer Survey data.

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Technology adoption and firm characteristics account for more than two-thirds of the variation in labour shortages within specific country-sectors.

Fifth, the relationship between shortages and productivity is complex. While shortages generally correlate with lower productivity, a U-shaped pattern emerges: both low-productivity and top-productivity firms experience significant shortages, though for different reasons. Lowproductivity firms struggle due to low wages and poor working conditions, which can deepen economic disparities. High-productivity firms, on the other hand, report shortages due to skill gaps but are more likely to address them through automation, training, or improved management practices.

Second, skill mismatch plays a critical role, as firms experiencing shortages are more likely to require new skills. Furthermore, firms in shortage are also more affected by mismatch, as open positions are filled with workers that do not possess the appropriate skill set to do the job.

Policy responses can help mitigate these challenges. Based on GFP Employer Survey data, countries that report lower shortages also have a higher migrant labour force participation, less stringent occupational licensing, and larger public spending on worker training.

Third, firms with certain characteristics are more likely to experience shortages. Younger companies, particularly those in their first five years of activity, report higher shortages. Similarly, growing firms, especially small enterprises, struggle more with shortages, other firms- and industry- features held constant. This suggests that recruitment difficulties can act as a barrier to firm growth, if not to entry altogether.

Further reading: l OECD (2024), OECD Economic Outlook, Volume 2024 Issue 2, Chapter 2 “Understanding Labour Shortages: The Structural Forces at Play”, OECD Publishing, Paris, https://doi.org/10.1787/d8814e8b-en

Fourth, long-term trends such as digitalisation and the green transition exacerbate shortages, consistently with the sectoral analysis presented in the abovementioned paper. Firms that adopt AI, digital, or green technologies report significantly higher labour shortages, as the demand for digital and green skills outpaces supply.

l Y. Dorville, F. Filippucci, and L. Marcolin (2025),

“All hands on deck: structural trends and labour market shortages”, OECD Productivity Working Papers, forthcoming. l F. Filippucci, K. Laengle, and L. Marcolin

(2025), “The firm side of labour shortages: 5 new facts from the GFP employer survey on labour shortages”, OECD Productivity Working Papers, forthcoming.

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Events In 2024, the GFP successfully continued to host high-quality events in a dynamic hybrid format— combining physical and virtual participation. This approach expanded our reach to a global audience and welcomed a diverse array of high-level speakers from around the world.

Our flagship event, the Annual Conference, coorganised with the Ministry of Economy, Finance, and Industrial and Digital Sovereignty of France and France Stratégie, stood out as a key highlight, attracting widespread attention and engagement.

Complementing this, the GFP webinar series offered an exceptional platform for contributors to engage with international experts, delve into cutting-edge productivity research, fostering valuable discussions and collaborations.

“I think the challenge to the economy after Covid is to understand that the economy has changed [...] “[...] What we need to do is to make sure we adapt our institutions to encourage the intangible investments which is going to drive productivity in the future.”

Jonathan Haskel, Professor of Economics, Imperial College Business School 2 Jonathan Haskel (Imperial College) delivering the keynote speech on Day 1.

1 Amélie de

Montchalin (France) wrapping-up Day 1 of the conference.

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2024 Annual Conference of the OECD Global Forum on Productivity Theme: “Boosting Growth and Productivity: The Role of Human Capital” Date and Location: 15-16 October 2024, Paris The OECD Global Forum on Productivity (GFP) held its 2024 Annual Conference in Paris, cohosted by the French Ministry of Economy, Finance and Industrial and Digital Sovereignty, France Stratégie, and the OECD. The event convened highlevel policymakers, renowned academics, and civil society representatives to explore the crucial role of human capital in driving productivity growth.

Against the backdrop of challenges such as the green transition, digital transformation, and the rapid advancement of technologies like artificial intelligence (AI), the conference provided a platform for discussing strategies to address skills gaps, improve workforce adaptability, and boost productivity in the post-pandemic era.

The first day of the conference opened with remarks

by Marc Ferracci, Minister Delegate for Industry, and Mathias Cormann, OECD Secretary-General.

Jonathan Haskel from Imperial College delivered the keynote address, examining the factors driving the global productivity slowdown and highlighting the critical role of human capital in reversing this trend.

Subsequent sessions developed different key themes. In the first session, experts including Stefan Profit (Federal Ministry of Economic Affairs and Climate Action, Germany), Dorothée Rouzet (Treasury, France), Álvaro Pereira (OECD), and Catherine de Fontenay (Australian Productivity Commission) discussed the causes of the productivity slowdown and proposed actionable recommendations.

The second session focused on the importance of investing in the right skills, with insights from Jonathan Barr (ISED), Luca Marcolin (OECD), and Maria Guadalupe (INSEAD and France’s Conseil d’analyse économique). Chaired by Alain Durré (France Stratégie), the discussion highlighted how education and training policies can better align with the demands of the modern workforce.

The day concluded with a session on the green transition, chaired by Daniel Mawson (Department for Business and Trade, United Kingdom), where Lone Ank (Ministry of Industry, Business and Financial Affairs, Denmark), Géraldine Mahieu (DG ECFIN, European Commission), and Rodrigo Krell (National Productivity Commission, Chile) explored whether the transition presents more

“Productivity is really about creating good jobs and investment in OECD countries” Jonathan Barr, Senior Director, ISED, Canada

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1 From left to right: Melissa Vega Monge (Costa Rica), Richard Samans (International Labour Organization (ILO)), Serge Allegrezza (STATEC) and Laura Hospido (Spain).

“Governments need to pay attention to the progress in inclusiveness, to ensure that disadvantaged groups such as women and less skilled workers receive sufficient education and are able to integrate in the labour market” Melissa Vega Monge, Economist, Central Bank of Costa Rica

opportunities or risks for productivity. Amélie de Montchalin (Permanent Representative to the OECD, France) provided a summary of the first day.

The second day began with opening remarks

by Bertrand Dumont (Treasury, France) and Alain de Serres (OECD). Natacha Valla from the French National Productivity Board presented an overview of productivity challenges and opportunities followed by a discussion from Juan Francisco Jimeno Serrano (Spanish National Productivity Board and Bank of Spain). Kristina McElheran (University of Toronto and Rotman Business School) delivered a keynote speech on the potential of artificial intelligence to address productivity issues, followed by a discussion with Philippe Aghion (College de France and the London School of Economics), Takayuki Sako (Ministry of Economy, Trade and Industry, Japan), and Jens Lundsgaard (OECD).

The conference concluded with a session on human capital, productivity, and inclusiveness.

This discussion, chaired by Serge Allegrezza (STATEC), featured Richard Samans (ILO), Melissa Vega Monge from Costa Rica (Central Bank, Costa Rica), and Laura Hospido (Ministry of the Economy, Commerce and Business, Spain). The panel

explored how to ensure that productivity growth benefits are shared inclusively across societies.

In their closing remarks, Dorothée Rouzet (French Treasury) and Álvaro Pereira (OECD) summarised the conference’s key insights and outlined the next steps for integrating these findings into national and international policymaking.

Conference website: https://oe.cd/GFP2024 Watch the highlights of the conference: https://youtu.be/zC-cSE_UZjg

4 Alvaro Pereira (OECD) .

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2024 Trento Festival of Economics Theme: “Labour: A Rare Resource” Date and Location: 24 May 2024, Trento, Italy The OECD Trento Centre for local Development and the OECD Global Forum on Productivity organised a session within the 19th Trento Festival of Economics on “Labour: a Rare Resource -– How to prevent workforce shortages from hindering the productivity growth of businesses and regions”.

Large shares of companies across OECD countries report staff shortages and that their current workforce lacks the necessary skills to operate. The labour market is tightening, with an estimated need for 3 million workers in the coming years in Italy alone, particularly in the digital sector. Low productivity, an ageing population, and poor economic growth in recent years worsen the problem.

There are opportunities to exploit the green and digital transitions by leveraging the potential of local ecosystems to fill job shortages. Companies can focus on employee well-being, training, and work-life balance to improve retention and attraction in areas with housing challenges.

Regions can improve their attractiveness through effective local government policies, such as enhancing connectivity between territories and improving labour mobility. At the country-level, increasing productivity, investing in human capital, and boosting labour market participation, especially among women and migrants, are critical.

Watch the full video recording: https://virtualevent.ilsole24ore.com/ festivaleconomia/evento/lavoro-merce-rara/

4 From left to right: Ottavio Ricchi (Italy), Romina Pinamonti (La Sportiva – SDA Bocconi), Maria Carla de Cesari (Il Sole 24 Ore), Alvaro Pereira (OECD) and Nadim Ahmad (OECD).

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New GFP Webinar series The OECD Global Forum on Productivity hosts a series of engaging webinars, bringing together leading academics and policy experts to explore the pressing challenges facing productivity today. Designed for GFP Steering Group members and OECD staff, these sessions provide a platform for knowledge sharing and stimulating discussions. To extend the impact of these exchanges, full video recordings and materials are made publicly available.

Watch the webinars: https://www.oecd.org/en/topics/sub-issues/ human-capital-and-educational-policies/gfpwebinars.html January 2024 The main insights from the recent work of the European System of Central Bank (ESCB) expert group on productivity, Paloma Lopez-Garcia, Adviser, European Central Bank.

February 2024 Occupational heterogeneity in exposure to Generative AI, Robert Seamans, Professor, New York University’s Stern School of Business.

March 2024 Age and Productivity: Contradicting micro and macro perspectives, Prof. Dr h.c Axel BörschSupan, Director, Munich Research Institute for the Economics of Ageing and SHARE analyses (MEA).

April 2024 Informality: Causes and consequences for firms and aggregate productivity, Gabriel Ulyssea, Associate Professor at the Department of Economics, University College, London.

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Communication The communication activities of the OECD Global Forum on Productivity (GFP) in 2024 focused on disseminating information about GFP events, productivity-related research, data, and relevant resources from contributing countries. To achieve this, the GFP team relied on a range of tools, including: l GFP Website: A hub for information on events, findings, and updates. l OECD Productivity Working Paper Series: Sharing in-depth analyses and research. l Social Media: Leveraging social media platforms to reach a broader audience. l Newsletters: Circulating periodic GFP Updates and other announcements to subscribers. l O.N.E Community Page: A password-protected platform enabling streamlined exchanges among

GFP Steering Group contributors.

These tools ensured effective communication and enhanced engagement within the productivity research and policy community.

GFP updates

Productivity working papers

The GFP biannual newsletter serves as a key communication tool, bringing together the latest updates on GFP activities, previews of upcoming events, and highlights of productivity-related contributions from GFP partners. With a subscriber base of over 400, the newsletter reaches a diverse audience, including policymakers, researchers, business representatives, and OECD colleagues, ensuring broad dissemination of valuable information and insights.

May 2024, Occupational reallocation and mismatch in the wake of the Covid-19 pandemic

By Gabriele Ciminelli, Antton Haramboure, Lea Samek, Cyrille Schwellnus, Allison Shrivastava and Tara Sinclair December 2024 Human capital at work

By Chiara Criscuolo, Peter Gal and Lukas B. Freund

OCCUPATIONAL REALLOCATION AND MISMATCH IN THE WAKE OF THE COVID-19 PANDEMIC: CROSS-COUNTRY EVIDENCE FROM AN ONLINE JOB SITE

GABRIELE CIMINELLI ANTTON HARAMBOURE LEA SAMEK CYRILLE SCHWELLNUS ALLISON SHRIVASTAVA TARA SINCLAIR

OECD PRODUCTIVITY WORKING PAPERS

May 2024 No. 35

HUMAN CAPITAL AT WORK: FIVE FACTS ABOUT THE ROLE OF SKILLS FOR FIRM PRODUCTIVITY, GROWTH, AND WAGE INEQUALITY CHIARA CRISCUOLO LUKAS B. FREUND PETER GAL

OECD PRODUCTIVITY WORKING PAPERS

December 2024 No. 36

The GFP invites voluntary paper submissions from its supporters, which are published as part of the OECD Productivity Working Paper Series.

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New GFP website

Social Media and Press

As part of the launch of the newly redesigned oecd.org, the OECD Global Forum on Productivity (GFP) is excited to introduce its updated website.

The new site offers an enhanced user experience, with improved navigation, updated content, and new features designed to provide easier access to information on GFP events, research, and initiatives. We encourage readers to explore the website, discover its new tools and resources, and share it with contacts and network. By doing so, readers will help increase awareness of the GFP’s work.

The GFP actively connects with its community through social media platforms, enabling direct communication and the rapid sharing of information about its activities. In 2024, the GFP’s social media presence grew significantly, driven by the creation of original content, including videos, interviews, highlights and targeted communication strategies. This increased engagement played a crucial role in boosting the visibility of the Annual Conference, marking it as a key success indicator.

The vibrant interactions on both platforms contributed to heightened awareness and broader participation, reflecting the growing impact of the GFP’s outreach efforts.

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The GFP Member Spotlight The GFP is thrilled to welcome Greece as its newest contributor. Zafeira Kastrinaki, Head of the Economic Growth and Structural Reforms Division at the Council of Economic Advisors, Ministry of Finance of the Hellenic Republic, shared her perspectives on what this collaboration means for Greece.

GFP team: We are delighted to welcome Greece as a new contributor of the GFP. Could you please explain the reasons why your country decided to join the GFP? Zafeira: Participating in the GFP gives Greece the opportunity to exchange views, share novel findings and policy developments on how to enhance prospects for productivity growth and competitiveness. Greece aims to actively engage in GFP joint research to further enrich our knowledge in this policy area aside from strengthening country’s international research networks.

GFP team: What specific productivity challenges is Greece currently facing, and how do you think the GFP can help address them?

Zafeira: Productivity growth remains a key policy area in Greece as is a key determinant of potential economic growth and rising living standards.

Productivity enhancing efforts in our country, as in many others, need to take into account emerging structural trends including population ageing, green transition and digitalisation that carry potential challenges while also creating opportunities for mediumto-long term productivity. The Forum provides a unique opportunity to discuss these common issues, share best practices and national experience in public policy and generate new ideas.

GFP team: What role do you envision for GFPproduced research and recommendations in shaping policy discussions and decision-making in Greece?

Zafeira: We envisage that the research produced by the GFP will provide a comprehensive view on productivity related issues including high quality data and measures, laying out the main challenges and opportunities for policy makers and facilitate evidence-based policymaking at national level.

The GFP team

Filiz Unsal Head of Structural Policy and Research Division

Mame Fatou Diagne Head of the Country Studies 1 Division

Guy Lalanne Acting Head of the Productivity, Innovation and Entrepreneurship Division

Luca Marcolin Senior Economist and Project Manager

Katharina Laengle Junior Economist

Sarah Michelson-Sarfati Programme and Communications Co-ordinator

Belinha Esteves Budget and Human Resources Advisor

Sumaya Quillian Assistant

Contact information: Productivity@oecd.org Website http://oe.cd/GFP May 2025

Francesco Filippucci Junior Economist