000			04099nam a22004095i 4500
001			21468856
003			US-djbf
005			20210811114923.0
006			m d
007			cr cn|||||||||
008			200313s2020 dcu 000 0 eng
010			_a2020935042
020			_a9781464814488 _q(paperback)
020			_z9781464814600 _q(ebook)
035			_a(The World Bank)21468856
040			_aDLC _beng _erda _cDLC
042			_apcc
100	1		_aBeylis, Guillermo, _eauthor. _929795
245	1	0	_aGoing Viral : _bCOVID-19 and the Accelerated Transformation of Jobs in Latin America and the Caribbean / _cGuillermo Beylis, Roberto Fattal Jaef, Rishabh Sinha, Michael Morris, Ashwini Rekha Sebastian.
263			_a202004
264		1	_aWashington : _bWorld Bank Group, _c2020.
300			_a1 online resource (pages cm)
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
347			_adata file _2rda
490	1		_aWorld bank latin american and caribbean studies
520	3		_aFollowing the so-called "Golden Decade" (2003-2013) of rapid development and strong improvements in social indicators, economic growth has stalled in Latin America and the Caribbean region (LAC). Today, the external environment no longer provides tailwinds to foster an economic rebound. Foreign direct investment has moderated, trade has slowed amid elevated tensions, financing conditions are tightening, and commodity prices are expected to remain flat in the short and medium term. The region therefore needs to find internal sources of growth and focus on a productivity-enhancing reform agenda. The report analyzes the structural transformation process in LAC and evaluates if the "premature de-industrialization" patterns observed in the data are a result of distortive policies or if they represent an efficient reallocation of resources responding to the underlying drivers of structural transformation. An important message of the report is that policy makers should not focus on sectoral size but rather on productivity growth. The emergence of new technologies--under the banner of the "Fourth Industrial Revolution"--suggests that opportunities for further industrialization or re-industrialization are likely to be limited in many developing countries. Looking forward, the region needs to develop a productivity agenda with a special focus on the services sector. Already the largest employer in the region with over 60 percent of the workforce, the services sector is expected to grow even further and play an increasingly crucial role as an input provider to the larger economy. In short, there is a need for a comprehensive set of service-sector oriented policies. The report concludes that three major economic forces are changing the nature of work and the demand for skills. First, the structural transformation process and the de-industrialization pattern observed for the economies in the region imply that future job growth will occur mainly in the services sector. Second, the shift in economic structure is being accompanied by a transformation of the occupational structure within broad economic sectors. The importance of service occupations-those that produce intangible value-added such as marketers, managers, designers--is increasing in all sectors of the economy. Third, as machines replace humans in carrying out simpler, more routine tasks, workers will have to adapt and perform a different set of tasks in the workplace. Adult learning and re-training may become more important as new automation technologies are adopted in LAC countries-- _cProvided by publisher.
588			_aDescription based on print version record.
700	1		_aFattal Jaef, Roberto, _eauthor. _929796
700	1		_aMorris, Michael, _eauthor. _929797
700	1		_aSebastian, Ashwini Rekha, _eauthor. _929798
700	1		_aSinha, Rishabh, _eauthor. _929799
776	0	8	_aPrint Version: _z9781464814488
830		0	_aWorld Bank e-Library. _929800
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1448-8
999			_c5491 _d5491