Whether or not the Covid-19 pandemic moderates in the foreseeable future, with or without effective vaccine available on the market in 2021, we are likely to feel the pandemic aftershocks in years to come.  Following a series of consecutive systemic shocks – the dot.com bust, the global financial crisis, the great recession and the euro area sovereign debt crisis – all within the first two decades of the century, the Covid-19 pandemic has highlighted structural vulnerabilities in our system: its dependency on labour and human capital.  These two key factors in modern production processes are inseparably linked to the workforce,…

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