The FINANCIAL — Rapid technological progress provides a significant opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity. However, some disruptive technologies could displace human labour, widen income inequality and contribute to greater informality in the workforce. Tapping new technologies in a way that maximises benefits, mitigates adverse effects and shares opportunities among all citizens will require public-private cooperation and smart public policy.
That is one of the main conclusions of a new study: The Future of Work: Regional Perspectives, released today by four regional multilateral development banks (MDBs): the African Development Bank (AfDB), […]
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