ADB advises policies to harness tech for better economic growth

ADB advises policies to harness tech for better economic growth

MANILA: The Asian Development Bank (ADB) on Friday advised regional governments, including Pakistan to introduce policy interventions to harness technologies for better economic growth.

“Government has an important role to play in leveraging technological advances for inclusive growth,” Chief Economist Yasuyuki Sawada at ADB said.

Education and training, favourable labour regulation, social protection and tax policies are imperative for the fourth industrial revolution that is characterised by smart applications integrating virtual and physical production systems, Sawada noted in his presentation titled, ‘Asian Development Outlook 2018: how technology affects jobs’ on the second day of ADB annual meeting.The government is advised to […]

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