All European economies grew in 2017, and the outlook remains favorable in the short run, says the IMF’s latest regional report. But for growth to last beyond the current upswing, European countries will need to loosen structural constraints on growth, which range from barriers to investment to dwindling competitiveness.

"Helping people upskill and adapt to a fastchanging world of work will be the defining challenge of our time. We need aggressive workforce development to address the widening gap between the Haves and the Have Nots. Now is the time for leaders to be responsive and responsible: we cannot slow the rate of technological advance or globalization, but we can invest in employees’ skills to increase the resilience of our people and organizations. Individuals also need to nurture their learnability," Jonas Prising said during a discussion with CEOs of major companies operating in the Czech Republic.