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Book Human and Technological Progress Towards the Socio Economic Paradigm of the Future  Part 2

Download or read book Human and Technological Progress Towards the Socio Economic Paradigm of the Future Part 2 written by Elena G. Popkova and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-24 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a socio-economic paradigm of the future in the context of digital transformation. The challenge of economic openness is considered through the globalization of the world economic system by the example of modern Russia. The tendency of archaization of socio-economic relations is explored which is connected with the gradual disappearance of ineffective institutes and their replacement by new institutes. Attention is paid to the regional aspect of the digital economy – perspectives of development of the ethno-economy in the context of integration of regional economic systems are determined. The problem of preserving social identity and supporting the uniqueness of competitive advantages of the region’s economy in the conditions of digitization is actualized, and its perspective solutions based on a region’s globalization management are offered. Also, the problem of national and regional food security is considered. Increased social significance of the agro-industrial complex and the necessity for its de-economization on the platform of the digital economy are substantiated. A new concept of the market economy in the conditions of digitization and the Fourth industrial revolution is developed; economic power of technological progress and possibilities of managing and re-directing this power are determined. The authors substantiate the transition to the Sixth technological mode and the related transformation processes in the economy. Also, the authors dwell on the problem of the shadow economy and corruption and consider the perspectives of its overcoming based on the possibilities of digital technologies. The idea of de-regulation based on the possibilities of automatization and AI is opposed to the idea of increase of state regulation based on ubiquitous computing and digital monitoring of economic activities. The perspectives of increasing the economy’s transparency in the digital age are proved. The alternatives to the current model of development of the digital economy are given, and scenario analysis of consequences of observing these models based on the cognitive approach is performed. New opportunities for development of the integration processes in entrepreneurship in the conditions of the digital economy are shown – in particular, in the aspect of inter-regional and transnational sectorial clustering. Clusters are considered as growth points of the Russian economy, and the new Russian experience of formation and development of clusters in the sphere of higher education in the context of region’s economy is studied. The authors determine the contribution of key technological events in the development of entrepreneurship through the example of modern Russia. They come to the conclusion that despite the unique possibilities digital technologies do not necessarily create additional value for entrepreneurship, and their application could be ineffective due to additional capital expenditures in case of complexity of return of long-term venture investments. The needs of entrepreneurship for innovative infrastructural provision in the context of the digital economy are determined, and barriers on the path of its creation and practical application due to necessity for applying new forms of business organization are shown. Specific features of state management of a region’s economy in the conditions of digital modernization are shown, and the modern Russian practice of e-government as a response to the modern challenges is studied. The authors outline new perspectives of development of public-private partnership as an effective direction of industrial and cluster policy of a modern region.

Book Human and Technological Progress Towards the Socio Economic Paradigm of the Future  Part 1

Download or read book Human and Technological Progress Towards the Socio Economic Paradigm of the Future Part 1 written by Elena G. Popkova and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-24 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the social consequences of digitization. The authors determine the problems, substantiate the perspectives, and offer recommendations for determining the role of human in modern digital society. The scientific concept "homo digital" is developed, and the essence of its formation in the process of evolution of "homo economicus" is studied. The transition from the post-industrial to the information society is also considered. The authors show that in the context of the digital economy the problem of economization (commercialization) of non-economic (non-profit) spheres and types of economic activity become more urgent; they are analyzed through the prism of the theory of time in economics. Based on this, the increase of the influence of the consumer society on the modern social environment is shown. The key role of human capital in formation of a new quality of economic growth in the digital economic environment is substantiated, and transformation processes in the structure and practice of application of human capital are analyzed. The idea of social justice is reconsidered through the prism of digital society as a social environment with equal opportunities but different competences and motives. Attention is paid to the modern Russian practice of influence of the digital economy on society on the whole and each human. Scientific and methodological recommendations for indicative evaluation of quality of economic growth in the conditions of digitization of Russia’s economic system are offered, and the specifics of the problem of socio-economic differentiation of the Russian population in the conditions of technological progress are shown. Based on this, it is proved that the digital economy has a contradictory influence on society, increasing the accessibility of goods and services, in particular hi-tech ones, but also causing an urgent need for adapting to the new economic conditions. This adaptation is largely determined by capabilities of people, flexibility of their thinking, and ability for learning and development. Thus, instead of the expected provision of balance of society, its disproportions could grow in practice. Also, specific features of regional migration in modern Russia in the context of digitization are determined. The role of emotional intellect in formation of the critical thinking of a company’s employees is outlined. Due to this, it is shown that so called "human factor", which is traditionally treated as a source of economic risks and costs, acquires a new role in the conditions of the digital economy – a source of value creation and reduction of risks of technological progress, due to justified opposition to unfavorable changes. Informal labor relations based on digital communications, as the highest form of evolution of these relations that is achieved in the conditions of Industry 4.0, is considered. The central role of higher education in the process of social adaptation to the conditions of Industry 4.0 is outlined. The economic and legal issues of the digital economy are considered – in particular, the issue of democracy in the digital society in the conditions of e-government.

Book Human and Technological Progress Towards the Socio Economic Paradigm of the Future  Part 3

Download or read book Human and Technological Progress Towards the Socio Economic Paradigm of the Future Part 3 written by Elena G. Popkova and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book determines the specific features of socio-economic transformations of various spheres of the national economy with a focus on the financial system. It considers the development of industrial holdings in the electric energy sphere and also studies the influence of technology on fish farming in modern Russia. The global factors of using digital technologies at the municipal level during creation of "green" and "smart" cities are analyzed. The perspectives of development of tourism in the digital economy from the positions of supply and demand and are determined. The specifics of development of agricultural production in the age of digital transformations by the example of modern Russia are outlined, and "smart" agricultural platform, which allows for multiple increase of the agro-industrial complex’s efficiency, is developed. New possibilities and need in reformation of the international monetary system in the conditions of the Fourth industrial revolution are determined. The problems and perspectives of development of Eurasian stock markets in the modern economic conditions under the influence of wide distribution of digital technologies are systematized. Specific features of the evolution of the forms of money – from gold to crypto currencies are – are distinguished. Specific features of benchmarking of depreciation of currencies (inflation) under the influence of globalization and regionalization of the international monetary system are determined. The authors present a concept of the banking system of the future in the conditions of macro-economic instability, which stimulates financial crisis management of the national economy, and determine the role of banks in aggregation and redistribution of monetary resources in economy in the context of digital transformations. Also, attention is paid to social consequences of digital modernization of the financial system – transformation of human’s social life in the age of innovative banking is shown. Effectiveness of online banking, as a new form of payments that is popular in the digital economy, is analyzed. The authors formulate competencies that employees of banks of the future, which will function in the digital economy, should have and study the perspectives of digitization of the practice of tax administration based on technological processing and analytics of Big Data by the example of experience of modern Russia, as well as related transformation processes in the existing practice of the tax system organization. A concept of organization and management of the national tax system in the conditions of robotization of production and consumption is developed, and the role of blockchain technologies in improvement of the modern Russian tax system is determined. The investment platform for the modern digital economy is offered. As a result, the scientific paradigm of formation of the digital financial system in the conditions of Industry 4.0 is formed.

Book Human and Technological Progress Towards the Socio Economic Paradigm of the Future

Download or read book Human and Technological Progress Towards the Socio Economic Paradigm of the Future written by Elena G. Popkova and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-24 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the social consequences of digitization. The authors determine the problems, substantiate the perspectives, and offer recommendations for determining the role of human in modern digital society. The scientific concept "homo digital" is developed, and the essence of its formation in the process of evolution of "homo economicus" is studied. The transition from the post-industrial to the information society is also considered. The authors show that in the context of the digital economy the problem of economization (commercialization) of non-economic (non-profit) spheres and types of economic activity become more urgent; they are analyzed through the prism of the theory of time in economics. Based on this, the increase of the influence of the consumer society on the modern social environment is shown. The key role of human capital in formation of a new quality of economic growth in the digital economic environment is substantiated, and transformation processes in the structure and practice of application of human capital are analyzed. The idea of social justice is reconsidered through the prism of digital society as a social environment with equal opportunities but different competences and motives. Attention is paid to the modern Russian practice of influence of the digital economy on society on the whole and each human. Scientific and methodological recommendations for indicative evaluation of quality of economic growth in the conditions of digitization of Russia’s economic system are offered, and the specifics of the problem of socio-economic differentiation of the Russian population in the conditions of technological progress are shown. Based on this, it is proved that the digital economy has a contradictory influence on society, increasing the accessibility of goods and services, in particular hi-tech ones, but also causing an urgent need for adapting to the new economic conditions. This adaptation is largely determined by capabilities of people, flexibility of their thinking, and ability for learning and development. Thus, instead of the expected provision of balance of society, its disproportions could grow in practice. Also, specific features of regional migration in modern Russia in the context of digitization are determined. The role of emotional intellect in formation of the critical thinking of a company’s employees is outlined. Due to this, it is shown that so called "human factor", which is traditionally treated as a source of economic risks and costs, acquires a new role in the conditions of the digital economy – a source of value creation and reduction of risks of technological progress, due to justified opposition to unfavorable changes. Informal labor relations based on digital communications, as the highest form of evolution of these relations that is achieved in the conditions of Industry 4.0, is considered. The central role of higher education in the process of social adaptation to the conditions of Industry 4.0 is outlined. The economic and legal issues of the digital economy are considered – in particular, the issue of democracy in the digital society in the conditions of e-government.

Book Socio economic Systems  Paradigms for the Future

Download or read book Socio economic Systems Paradigms for the Future written by Elena G. Popkova and published by Springer Nature. This book was released on 2021-03-05 with total page 1728 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is reflective of a science-based vision of the future development paradigm of economic and social systems. It deals with the digitization as the technological basis for the future development of economic and social systems and presents a review of groundbreaking technologies and prospects for their application. The specific character of the industry and prospects for the application of digital technologies in business are analyzed. A rationale is provided for future prospects for the sustainable development of economic and social systems in a digital economy. The authors determine the process of the formation and development of the information-oriented society, social and educational aspects of the digitization, as well as the institutional framework of the digital future of social and economic systems. The book combines the best works following the results of the 12th International Research-to-Practice Conference “Artificial Intelligence: Anthropogenic Nature vs. Social Origin” that was held by the Institute of Scientific Communications (ISC) in cooperation with the Siberian Federal University and the Krasnoyarsk Regional Fund of support of scientific and scientific–technical activities on 5–7 December 2019, in Krasnoyarsk, Russia, as well as following the results of the 3rd International Research-to-Practice Conference “Economic and Social Systems: Paradigms for the Future” that was held by the ISC in cooperation with the Pyatigorsk State University on 5–6 February 2020. The target audience of the book consists of representatives of the academic community concerned with the future prospects for the development of economic and social systems, as well as economic agents engaged in the digitization of business processes, and representatives of public agencies regulating the development of business systems for their progressivity, sustainability and competitiveness.

Book Shifting Paradigms

Download or read book Shifting Paradigms written by Zia Qureshi and published by Brookings Institution Press. This book was released on 2022-01-11 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.

Book Techno Economic Paradigms

Download or read book Techno Economic Paradigms written by Wolfgang Drechsler and published by Anthem Press. This book was released on 2009-08-01 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Techno-Economic Paradigms’ presents a series of essays by the leading academics in the field discussing one of the most interesting and talked-about socio-economic theories of our times, 'techno-economic paradigm shifts', and its role in explaining processes of innovation and development. This festschrift honours Carlota Perez, founder of the theory of 'techno-economic paradigm shifts'.

Book Shifting Paradigms

Download or read book Shifting Paradigms written by Zia Qureshi and published by Brookings Institution Press. This book was released on 2022-01-11 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.

Book Anthology of Noonomy  Fourth Technological Revolution and Its Economic  Social and Humanitarian Consequences

Download or read book Anthology of Noonomy Fourth Technological Revolution and Its Economic Social and Humanitarian Consequences written by and published by BRILL. This book was released on 2022-08-08 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anthology of Noonomy: Fourth Technological Revolution and Its Economic, Social and Humanitarian Consequences’ suggests original research approaches based on discussion on the theory of noonomy.

Book Reimagining Socioeconomic Development of Russia

Download or read book Reimagining Socioeconomic Development of Russia written by Marina L. Alpidovskaya and published by IAP. This book was released on 2023-01-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of current experiments in socio-economic global transformation are not favorable for Russia. At the same time, the optimum development trajectory of the country has not been clearly delineated by either theorists or practitioners either in political or socio-economic terms. The paradigm of the market economy has become outdated and is now an object of exploitation by global transnational corporations. There is a need for interdisciplinary consolidation, which can become the basis for understanding the role of the political and economic components of knowledge about the economy and society, the necessity and possibility for its improvement, and its application for the benefit of the country and the world, not excluding departure from obsolete stereotypes while maintaining the basic principles of logic and morality. It is time to redirect the apparatus of economic science to achieve real national and global welfare by eliminating irrational practices characteristic of both government intervention and private entrepreneurship, aimed at the realization of bureaucratic and oligarchic interests.

Book Non Equilibrium Social Science and Policy

Download or read book Non Equilibrium Social Science and Policy written by Jeffrey Johnson and published by Springer. This book was released on 2017-01-20 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work.

Book The Great Mindshift

    Book Details:
  • Author : Maja Göpel
  • Publisher : Springer
  • Release : 2016-09-12
  • ISBN : 3319437666
  • Pages : 184 pages

Download or read book The Great Mindshift written by Maja Göpel and published by Springer. This book was released on 2016-09-12 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the path ahead. It combines system transformation researchwith political economy and change leadership insights when discussing the needfor a great mindshift in how human wellbeing, economic prosperity and healthyecosystems are understood if the Great Transformations ahead are to lead to moresustainability. It shows that history is made by purposefully acting humans andintroduces transformative literacy as a key skill in leading the radical incremental change

Book The Fourth Industrial Revolution

Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Book Advanced Research in Technologies  Information  Innovation and Sustainability

Download or read book Advanced Research in Technologies Information Innovation and Sustainability written by Teresa Guarda and published by Springer Nature. This book was released on 2024-01-02 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: The three-volume set CCIS 1935, 1936 and 1937 constitutes the refereed post-conference proceedings of the Third International Conference, ARTIIS 2023, Madrid, Spain, October 18–20, 2023, Proceedings. The 98 revised full papers presented in these proceedings were carefully reviewed and selected from 297 submissions. The papers are organized in the following topical sections: Part I: Computing Solutions, Data Intelligence Part II: Sustainability, Ethics, Security, and Privacy Part III: Applications of Computational Mathematics to Simulation and Data Analysis (ACMaSDA 2023), Challenges and the Impact of Communication and Information Technologies on Education (CICITE 2023), Workshop on Gamification Application and Technologies (GAT 2023), Bridging Knowledge in a Fragmented World (glossaLAB 2023), Intelligent Systems for Health and Medical Care (ISHMC 2023), Intelligent Systems for Health and Medical Care (ISHMC 2023), Intelligent Systems in Forensic Engineering (ISIFE 2023), International Symposium on Technological Innovations for Industry and Soci-ety (ISTIIS 2023), International Workshop on Electronic and Telecommunications (IWET 2023), Innovation in Educational Technology (JIUTE 2023), Smart Tourism and Information Systems (SMARTTIS 2023).

Book Future Technology Development Influences Human Living Standard

Download or read book Future Technology Development Influences Human Living Standard written by Johnny Ch LOK and published by . This book was released on 2018-02-28 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: I write this book aims to explain how future technology change will influence human living of standard. I suppose that human living of standard will become better if future human technology will be improved. Otherwise, human living of standard will become worse if future human technology won't be improved , even will be fallen down. I shall give US and UK technologies development past and present evidences to explain how their technologies development will improve human living of standard. I hope readers can make personal judgement to evaluate whether technology development will improve human living of standard. This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth.This book part one and two concern to be given on my opinions and some economists' opinions to UK and US both countries government and businessmen what will be the most urgent important needs to develop on the technological product investments aspect. I shall indicate the online teaching technology and environment protect technology, such as natural energy, farming environment protect technology etc. as well as automatic technology in manufacturing industry , such as human intelligence products to give my reasons and some economists' reasons to explain to support why these three technological developments will be valid to invest to develop to UK society in the future. In this book three part, I shall give reasons to explain why some economy theories can be proved to satisfy these technological factors requirement to predict which can influence US and UK future economic growth. The economy theories include: welfare economic theory, Kaldor -Hicks efficiency theory, Pareto improvement theory, industrial production and pollution economy theory, natural rate of unemployment theory. Finally, I hope readers can attempt to analyze whether these economic theories can be applied to explain whether these technological factors can assist US and UK future economic growth.My view point and the economists both view point will be valid to be judged whether these three new technological development will be the most urgent important needs among other technology development to UK and US society within ten year. I hope that our ideas can assist UK and US government and businessmen to make the right decision to concentrate on developing these three technological development within ten years.

Book Innovative Trends in International Business and Sustainable Management

Download or read book Innovative Trends in International Business and Sustainable Management written by Elena I. Lazareva and published by Springer Nature. This book was released on 2022-09-26 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the current innovative tendencies characteristic of multifaceted scientific research and practical developments in the field of international business development and sustainable management. This book shows how companies are forced to change development strategies and business models, which actualizes new priorities for scientific research in the field of international business and sustainable management. Therefore, completely new subject areas of research are being formed; management guidelines are being transformed; new business development tools are being developed; the very system of academic research is changing. This book “Innovative Trends in International Business and Sustainable Management” is devoted to the discussion of these and other issues related to all major areas of international business development and sustainable management. This book systematically describes multidimensional trends, challenges, and opportunities for the development of international business and sustainable management in the context of a global pandemic. In this sense, it is unique and relevant for both scientific researchers and modern business practitioners. This book uniquely highlights new priorities of scientific and practical research in the field of international business and sustainable management that require a systematic knowledge of the ongoing transformations of trends, challenges, and opportunities for the development. Aimed at scholars and practitioners, the book provides illustrations of international best practice for conducting business beyond borders. The main goals of the book are firstly to provide opinions on current innovative approaches and technologies for solving modern problems of international business, as well as on the formation of a multi-level system of sustainable management of the socioeconomic systems’ development, secondly, to integrate research from academia, as well as practitioners in order to form priorities, approaches and models of company management in the context of globalization, strategies for the development of management systems in the context of the “new reality”, thirdly, to find the most relevant new areas of research, the results of which can be useful to companies for making management decisions, and concludes to analyze new tools for the development of international business, their capabilities, and areas of application

Book Technology and the Future of Work

Download or read book Technology and the Future of Work written by Adrian Peralta-Alva and published by International Monetary Fund. This book was released on 2018-10-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies tailored to country-specific circumstances and preferences, such as investment in human capital to facilitate retooling of low-skilled workers so that they can partake in the gains of technological change, and redistributive policies (such as differentiated income tax cuts) to help reallocate gains. Policies are also needed to facilitate the process of adjustment.