Why job quality, and our ability to measure it, is important Job quality matters because the better alignment of human skills leads to higher levels of worker productivity. The economist David Autor’s “O ring principle” argues that, as machines take on more […]
Policy Action 1: The Group of 20 (G20) should establish a working group (including members from the Think 20, Labour 20, and Business 20) to examine the socio-economic potential of immersive learning technologies and identify its impact at the employee, company, industry, […]
Background The data collection industry is not new. Data brokers like Acxiom and ChoicePoint have been aggregating consumer addresses, phone numbers, buying habits, and more from offline sources and selling them to advertisers and political parties for decades. However, the Internet has […]
This policy brief argues that digitalization, innovation, and broader participation in education by non-conventional players can contribute to prompting a breakthrough for the needed transformation (behavioral and policy changes) for educating girls and the socially marginalized. Realizing the full potential of individuals […]
The Governance Challenge The digital transformation opens up seemingly unbounded scope for market failure, government failure and social dysfunction. Market failure is predicted because the data-driven economy powers the emergence of superstar firms through the combination of economies of scale and scope, […]
1. Management of costs associated with ageing The existence of population growth and ageing societies is unavoidable, and it comes at a cost to any economy therefore G20 countries have to develop policies that favour investment in social capital to grow the […]
How to achieve sufficiently high levels of investments in human capital and organizational knowledge, and an optimal level of worker mobility, either between or within organizations? This proposal calls for established firms to change their work organization to enable worker mobility and […]
This policy brief suggests that a systematic formation of policies for the flow of data and data-related businesses can be developed based on an analogy with trade in goods. On this basis, the brief classifies a series of data-related policies based on […]
The recommendations outlined below focus, first, on improving policymakers’ access to data on platform economy work and, second, on using that information to design integrated systems of taxation and social protection and develop appropriate legal definitions of platform services and workers. We […]
Technological change and the future of work in the North Artificial intelligence (AI) and other digital technologies are changing the way we produce, consume, trade and work. This profound transformation resembles those brought by the steam engine in the late eighteenth century, […]
This proposal is for four interrelated policy actions focused on driving workforce productivity growth alongside strengthening the recognition of societal benefits delivered through paid work. ● Policy action 1: The G20 should establish a working group (across the T20, B20 and L20) […]
Industrialization and deeper integration in GVCs contribute towards the prosperity of a region and helps accumulate physical and human capital. It integrates the informal and formal economy and generates demand for agriculture, mining, and other raw materials, as well as for energy […]
Recent G20 communiques have emphasized the need for a global educational framework to improve basic digital skills’ awareness and capabilities (e.g., Chetty et al., 2017, 2018; Cobo, Zucchetti, & Rivas, 2018). These reports have also included recommendations to improve general infrastructure related […]
A three-part proposal We chose in this section to illustrate the solutions to managing the demographic dividend through India and one of its least well-developed States. But, the ideas contained apply to any nation with similar demographic challenges. Because of the size, […]
This task force makes three proposals, on the basis of the challenges the world is facing and the opportunities that countries have to capitalise on digitalisation of their economies. G20 leaders can play a necessary, influential role in advancing strategic and holistic […]
With modest and strategic investments and partnerships, the G20 can provide a meaningful boost to the quality of tertiary and TVET institutions across Africa. As previously mentioned, it is important to note that the proposed interventions are mutually beneficial for G20 countries […]
The 4th Industrial Revolution, the World of Work, and Structural Transformation in Africa According to the WEF Board (2016), the technology wave has finally crested. In particular, the WEF Board observed that “technology [has] shifted from a supporting role to the spotlight”. […]
Notwithstanding the data and measurement gaps, recent research on the Future of Work has highlighted both the great challenges and opportunities confronting governments and institutions. In order to provide the necessary rationale to our policy proposals, and complementarily to the challenges analyzed […]
Technology and the future of work: the global narrative Building on existing advances in Information and Communication Technologies (ICTs), a set of new technologies (Internet of Things, big data analytics, 3D printing, artificial intelligence, smart sensors, etc.) is reshaping the way we […]
Educational infrastructure Not only does the arrival of a large number of refugees demand an increase in educational infrastructure in the host country, but also an increase in well-trained teaching personnel able to handle the additional classroom challenges.[1] It is therefore of […]
1.Labour Market Integration High-intensity conflicts usually occur in low and lower-middle income countries, which are often surrounded by other non-high income countries.1 As a result, many displaced persons seek asylum either in low or middle-income countries, or in high-income countries such as EU member […]
Amid a rapidly changing innovation landscape, we have identified 10 emerging 4IR technologies that we think could individually and collectively have the greatest impact on jobs, livelihoods, and environments (Figure 1). Figure 1: Ten emerging 4IR technologies for the Earth[1] [1] PwC, […]
The following specific proposals are structured in four deep dives including concrete steps geared towards understanding the challenges and preparing for solutions: 1) Tackle complexity 2) Understand job-/labour-market related impact, 3) Focus on human-machine interaction, 4) Acknowledge acceleration as a path to […]
This brief suggests that to meet the challenge, the G20 should study, promote and coordinate a multi-pronged approach, encompassing a range of concrete measures to enable societies within and beyond G20 countries to take advantage of the new industrial-digital paradigm. In the […]
Reallocation: Shifting Workers into New Jobs To enjoy the benefits of advances in productivity brought about by automation, workers will need to reallocate to new types of jobs. Indeed, sustained growth in productivity and wages stems from successful reallocation; it happens as […]
G20 policy makers urgently require an indicator measuring the uptake of Digital Literacy across countries to ensure that policies are targeted to the areas of most need. To ensure this becomes a reality, the following proposals for the G20 are made: (1) […]
The G20 requires a holistic digital skills upliftment strategy which entails the following proposals: (1) identify the core digital skills required by employers, (2) establish a digital skills standard-setting body to balance the needs of institutions that demand and supply of digital […]
Since the First Industrial Revolution, the development and wide adoption of new technologies have been the most significant contributors to both economic growth rates and increases in living standards. Prior to 1800, the average annual per capita growth rate in European countries […]