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Rodrik (2016) pointed out that late industrializing countries are experiencing a lower peak at lower income levels in the manufacturing employment share hump-shaped path. The present study develops a theoretical model to analyze the dynamics of industrialization and deindustrialization in...
Persistent link: https://www.econbiz.de/10014333588
. The paper tries to highlight major trends shaping the world of work in developed economies with the aim of giving a …
Persistent link: https://www.econbiz.de/10011279738
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
This book examines the two fundamental arguments that are often raised against globalization: that it produces … dispels the notion of the so-called "victim of globalization", demonstrating how, despite popular belief, acceleration of … globalization actually stands to reduce the levels of poverty and inequality worldwide. He poses the question as to whether …
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