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This paper looks to uncover the growth traps and opportunities for the South African economy, with a focus on underlying labour market dynamics. We explore the potential of South Africa’s demographic dividend. We also consider the structure of the labour market and the growth-employment...
Persistent link: https://www.econbiz.de/10011414938
We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across … development of automation technologies in countries undergoing greater demographic change. Our directed technological change model …
Persistent link: https://www.econbiz.de/10011820230
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014464111
labor and human capital from the perspective of economic growth (demand) and organic demography (supply)? • Are there pools …
Persistent link: https://www.econbiz.de/10012914388
This study aims to understand the linkages between demographic dividends, digital innovation, and economic growth, using Bangladesh as a case study. It adopts a three-stage least squares (3SLS) model to explore how and to what extent the digitization and demographic transition lead towards...
Persistent link: https://www.econbiz.de/10012500436
of jobs. In case of long-term massiv e unemployment, there is also an option for introduction of universal basi c income …
Persistent link: https://www.econbiz.de/10012522848
discuss the phenomenon of technological unemployment in this society. I will argue that in order to describe and handle this …
Persistent link: https://www.econbiz.de/10012984802
The working age population is expected to grow faster in the Middle East than in any other region in the world between now and 2015—rising annually by 2.7 percent, or 10 million people. This demographic explosion presents the region with a major challenge in terms of providing jobs, incomes,...
Persistent link: https://www.econbiz.de/10005264176
Persistent link: https://www.econbiz.de/10014567064
to zero in the long run. We show that these restrictions imply that unemployment due to automation is expected to …, in which automation turns labor tasks to mechanized ones, and there is also a continuous addition of new labor tasks, as …
Persistent link: https://www.econbiz.de/10012916066