It is not often that nations learn from the past, even rarer that they draw the correct conclusions from it.
Henry Kissinger, A World Restored
Lessons
Reform and reshape globalization
Create trade policies that take into account how globalization is changing
Promote the diffusion of technology
Modernize social policies
Institute measures to increase productivity
Build digital infrastructure
Invest in reskilling
Expand the labor force
Embrace ‘stakeholder capitalism’
Invest in employees
Deploy productivity-boosting technology
Source: McKinsey
