Disrupted Development and the Future of Inequality in the Age of Automation

This open access 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 unempl...

Full description

Bibliographic Details
Main Author: Schlogl, Lukas
Other Authors: Sumner, Andy
Format: eBook
Language:English
Published: Cham Springer Nature 2020
Series:e6e141e3-1bba-4567-951e-5a277da0e48c
Subjects:
Online Access:
Collection: Directory of Open Access Books - Collection details see MPG.ReNa
Description
Summary:This open access 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. The book illuminates the debate on the impact of automation upon economic development, in particular issues of poverty, inequality and work. It highlights public policy responses and strategies–ranging from containment to coping mechanisms—to confront the effects of automation.
Item Description:Creative Commons (cc), by/4.0/, http://creativecommons.org/licenses/by/4.0/
Physical Description:1 electronic resource (102 p.)
ISBN:978-3-030-30131-6