2022 Annual Conference of the Global Forum on Productivity joint with the EU Commission DG ECFIN - Organisation for Economic Co-operation and Development

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BACKGROUND AND MOTIVATION

7-8 July 2022 Brussels, Belgium

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The COVID-19 shock and the associated policy response carries potential challenges for future productivity growth while also creating opportunities. From this perspective, the 2022 Annual Conference of the Global Forum on Productivity will aim at shedding light on a number of questions. First, the recovery measures put forward by governments and international institutions to “Build Back Better” serve as a unique opportunity to accelerate climate mitigation. But how will the energy transition be shaped by innovation and resource reallocation and what are the broader implications for productivity growth?

Second, COVID-19 has accelerated the digital transformation and forced firms to experiment with new business models and modes of work. But will the diffusion of best practices be sufficiently broad to facilitate the catch-up of lagging firms? Or will it contribute to a further widening of differences in performance?

Third, the pandemic has accentuated frictions in the international trading system and calls for greater self-reliance in some strategic sectors could lead to a significant re-organisation of global value chains. What are the related risks and opportunities for productivity growth?

Overall, the economic restructuring needs are significant, both across sectors and between firms within industries. This will entail a major reallocation of resources – including physical, intangible and human capital – and necessitates policies to facilitate these structural changes and mitigate the associated disruption.

USEFUL MATERIALS

Draft Agenda

Logistics

Speakers Booklet

Conference Photos

REGISTRATION

Registrations for this event are closed.

CONTACT

Productivity@oecd.org

Previous events

ATTENDEES

The conference brought together high-level policy makers, top academics, representatives from the private sector, and experts on productivity.

The program featured high-level officials from national and international organisations and senior academics, including the EU Commissioner for Economy, Paolo Gentiloni, and the Secretary-General of the OECD, Mathias Cormann.

Keynotes and panellists throughout the first day of the event included Maarten Verwey (European Commission), delivering the opening remarks, Corrado di Maria (University of East Anglia) delivering the keynote speech, as well as Philipp Steinberg (German Federal Ministry for Economic Affairs and Climate Action), Philip Lane (European Central Bank), and Laura Diaz-Anadon (University of Cambridge), discussing the implications of the accelerated green transition for productivity. Debora Revoltella (European Investment Bank) chaired the panel on digital transformation and productivity, hosting Frederyk Warzynski (University of Aarus), and Mirko Draca (University of Warwick).

On the second day of the Conference (8 July), John Van Reenen (MIT and LSE) delivered the keynote speech, and Beata Javorcik (EBRD), Michael Brennan (Australian Productivity Commission), Swati Dhingra (LSE), Jose Maria Barrero (ITAM Mexico Business School) and Abigail Adams-Prassl (Oxford) presented their views on the reorganisation of production and the reallocation of resources in the post-COVID-19 period.

VENUE

Bozar Palace of Fine Arts

Centre for Fine Arts, Rue Ravensteinstraat 23, 1000 Brussels, Belgium.

VIDEO RECORDINGS

Day 1 - Opening

Featuring:

Welcoming Remarks;
Keynote Speech by Corrado di Maria; and
Policy panel: The accelerated green transition in the post-COVID19 era: what implications for productivity?

Session 1

The green transition and productivity

Session 2

Digital transformation and productivity

Day 2 - Opening

Featuring: