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008 020129s2018 dcu o i00 0 eng
020 _a9781464812231
_c35.00 USD
020 _z9781464812224
035 _a(The World Bank)211222
040 _aDJBF
_beng
_cDJBF
_erda
100 1 _aDutz, Mark A.
_927244
245 1 4 _aThe Jobs of Tomorrow :
_bTechnology, Productivity, and Prosperity in Latin America and the Caribbean /
_cMark A. Dutz.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2018.
300 _a1 online resource (94 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aDirections in Development;Directions in Development - Science, Technology, and Innovation
520 3 _aWhile 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.
588 _aDescription based on print version record.
650 4 _aDigital Technologies
_927245
650 4 _aInclusive Growth
_927246
650 4 _aInternet
_927247
650 4 _aJobs
_927248
650 4 _aLabor Demand
_927249
650 4 _aLabor Policies
_927250
650 4 _aLabor Regulation
_927251
650 4 _aProductivity
_927252
650 4 _aSkills
_927253
650 4 _aTasks
_927254
650 4 _aTechnology Adoption
_927255
650 4 _aWage Inequality
_927256
700 1 _aDutz, Mark A.
_927244
776 0 8 _aPrint Version:
_z9781464812224
830 0 _aWorld Bank e-Library.
_927257
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1222-4
999 _c5260
_d5260