Publication year: 2020
ISBN: 978-3-030-30131-6
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This book examines the future of inequality, work and wages in the age of automation with a focus on developing countries. The authors argue that the rise of a global ‘robot reserve army’ has profound effects on labor markets and economic development, but, rather than causing mass unemployment, new technologies are more likely to lead to stagnant wages and premature deindustrialization.
Subject: Political Science and International Studies, Development and Social Change, Development Policy, Development and Sustainability, Economic Development, Industrialisation, (De-)Industrialisation, Inequality, Technology, Employment, Structural Change