The MCESD Research Steering Unit (MRSU), recommends the priority areas for experts of working groups to compile research on the subject matter to be discussed prior to MCESD meetings.
The topics that have been established to date for research to be conducted are as follows:
- Environment sustainability – Research on the structural reforms and investment required for a more sustainable and competitive economic model; including the shifting towards carbon neutrality and the circular economy. This includes assessing the decoupling of economic progress from the negative environment effects associated with it, for the redefinition of ‘prosperity’.
- Fairness – Research on labour market, education and social policy matters to foster a socially cohesive, sustainably protected and inclusive social platform for economic growth.
- Productivity and Innovation – Research on the improvement of productivity, research and innovation whilst recognising the constraints of limited resources and ageing populations. This includes the fast adaptation of digital technologies, AI and the Internet of Things; the nurturing of an adequately skilled workforce; and the improvement of the business environment.
- Fiscal Stability – Research on matters relating to sustainable management of public finances, including the adequate long-term forecasting of expenditure (health, education, pensions) and revenues (taxation).
- Short term recovery measures – Research on immediate actions which are to be taken over the next year for the improvement of prosperity.