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Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job destruction, systemic risks, and greater income inequality. Current social policies may not be adequate for achieving the goals of redistributing the gains from automation and...
Persistent link: https://www.econbiz.de/10011404954
Globalization and automation have brought about a tremendous increase in productivity, with enormous benefits, but also a dramatic reallocation of jobs, skills, and incomes, which might jeopardize the full realization of those benefits. Current social policies may not be adequate to successfully...
Persistent link: https://www.econbiz.de/10012120555
Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job destruction, systemic risks, and greater income inequality. Current social policies may not be adequate for achieving the goals of redistributing the gains from automation and...
Persistent link: https://www.econbiz.de/10011185239
This article contributes to the ongoing debate about the impact of globalization on welfare systems across the world. Its argument is that economic globalization alters the global balance of forces compared with the ‘Golden Age’ of welfare capitalism, but that its impact on policies and...
Persistent link: https://www.econbiz.de/10011126616