Book

The Jobs of Tomorrow : Technology, Productivity, and Prosperity in Latin America and the Caribbean

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collection.link.38
https://openknowledge.worldbank.org/handle/10986/2146
collection.name.38
Directions in Development
dc.contributor.author
Dutz, Mark A.
dc.contributor.author
Almeida, Rita K.
dc.contributor.author
Packard, Truman G.
dc.date.accessioned
2018-04-03T20:35:03Z
dc.date.available
2018-04-03T20:35:03Z
dc.date.issued
2018-04-10
dc.description.abstract
While adoption of new technologies is understood to enhance long-term growth and average per-capita incomes, its impact on lower-skilled workers is more complex and merits clarification. Concerns abound that advanced technologies developed in high-income countries would inexorably lead to job losses of lower-skilled, less well-off workers and exacerbate inequality. Conversely, there are countervailing concerns that policies intended to protect jobs from technology advancement would themselves stultify progress and depress productivity. This book squarely addresses both sets of concerns with new research showing that adoption of digital technologies offers a pathway to more inclusive growth by increasing adopting firms’ outputs, with the jobs-enhancing impact of technology adoption assisted by growth-enhancing policies that foster sizable output expansion. The research reported here demonstrates with economic theory and data from Argentina, Brazil, Chile, Colombia and Mexico that lower-skilled workers can benefit from adoption of productivity-enhancing technologies biased towards skilled workers, and often do. The inclusive jobs outcomes arise when the effects of increased productivity and expanding output overcome the substitution of workers for technology. While the substitution effect replaces some lower-skilled workers with new technology and more highly-skilled labor, the output effect can lead to an increase in the total number of jobs for less-skilled workers. Critically, output can increase sufficiently to increase jobs across all tasks and skill types within adopting firms, including jobs for lower-skilled workers, as long as lower-skilled task content remains complementary to new technologies and related occupations are not completely automated and replaced by machines. It is this channel for inclusive growth that underlies the power of pro-competitive enabling policies and institutions—such as regulations encouraging firms to compete and policies supporting the development of skills that technology augments rather than replaces—to ensure that the positive impact of technology adoption on productivity and lower-skilled workers is realized.
en
dc.identifier.isbn
978-1-4648-1222-4
dc.identifier.uri
http://hdl.handle.net/10986/29617
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Directions in Development;
dc.relation.ispartofseries
Directions in Development--Information and Communication Technology;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
TECHNOLOGY ADOPTION
dc.subject
INCLUSIVE GROWTH
dc.subject
DIGITAL TECHNOLOGIES
dc.subject
INTERNET
dc.subject
PRODUCTIVITY
dc.subject
JOBS
dc.subject
SKILLS
dc.subject
WAGE INEQUALITY
dc.subject
LABOR DEMAND
dc.subject
LABOR POLICIES
dc.subject
LABOR REGULATION
dc.subject
TASKS
dc.title
The Jobs of Tomorrow
en
dc.title.subtitle
Technology, Productivity, and Prosperity in Latin America and the Caribbean
en
dc.type
Book
en
okr.date.disclosure
2018-04-10
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1222-4
okr.identifier.internaldocumentum
211222
okr.imported
true
en
okr.language.supported
en
okr.region.administrative
Latin America & Caribbean
okr.region.country
Argentina
okr.region.country
Brazil
okr.region.country
China
okr.region.country
Colombia
okr.region.country
Mexico
okr.region.geographical
Latin America
okr.topic
Information and Communication Technologies :: ICT Policy and Strategies
okr.topic
Information and Communication Technologies :: Poverty Reduction & ICT
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Science and Technology Development :: Technology Innovation
okr.topic
Social Protections and Labor :: Labor Markets
okr.topic
Social Protections and Labor :: Skills Development and Labor Force Training
okr.unit
GTC06

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