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Is migration the solution to labour scarcity? With baby boomers about to retire and an uncertain generational change, Germany’s shrinking working population is dampening its growth potential. In the latest #ESMLunchTalk, German Council of Economic Experts (SVR) member Veronika Grimm spoke with ESM Chief Economist Rolf Strauch and argued that labour-oriented migration policies are insufficient to counter labour scarcity, and that additional factors should be considered to increase productivity. Among which, she mentioned: ✔️ Waves of refugee arrivals should be considered when developing migration polices ✔️ The differences in female participation across EU countries and how to increase participation ✔️ Investments to enhance productivity to substitute labour where needed #ESMeuro

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