Asian Development Outlook 2018: How Technology Affects Jobs
(eBook)

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Published
Asian Development Bank, 2018.
Format
eBook
ISBN
9789292611217
Status
Available Online

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Language
English

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Citations

APA Citation, 7th Edition (style guide)

Asian Development Bank., & Asian Development Bank|AUTHOR. (2018). Asian Development Outlook 2018: How Technology Affects Jobs . Asian Development Bank.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Asian Development Bank and Asian Development Bank|AUTHOR. 2018. Asian Development Outlook 2018: How Technology Affects Jobs. Asian Development Bank.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Asian Development Bank and Asian Development Bank|AUTHOR. Asian Development Outlook 2018: How Technology Affects Jobs Asian Development Bank, 2018.

MLA Citation, 9th Edition (style guide)

Asian Development Bank, and Asian Development Bank|AUTHOR. Asian Development Outlook 2018: How Technology Affects Jobs Asian Development Bank, 2018.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID6d59cc61-ba9c-0530-fe47-89be1a7ab915-eng
Full titleasian development outlook 2018 how technology affects jobs
Authorbank asian development
Grouping Categorybook
Last Update2022-10-18 21:40:25PM
Last Indexed2024-03-28 03:10:07AM

Book Cover Information

Image Sourcehoopla
First LoadedMay 3, 2023
Last UsedMar 15, 2024

Hoopla Extract Information

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    [synopsis] => The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. A strong performance in 2017 reflected a surge in exports, which will likely abate this year and next, and rapidly expanding domestic demand. While the outlook is for steady growth, risks to it are decidedly on the downside: Trade friction could weaken recently deepened trade links, tightening US monetary policy could diminish investment in developing Asia, and rising domestic private debt may hamper growth. New technologies drive higher productivity, the foundation for economic growth, better-paid jobs, and poverty reduction. The latest technologies in robotics and artificial intelligence may threaten some jobs, however, and leave less-skilled workers behind. To maximize gains in productivity while safeguarding social welfare, governments in developing Asia should protect workers but not preserve particular jobs. Meanwhile, they should facilitate the countervailing forces in new technologies that generate new jobs. Dealing with the downsides of new technology requires synchronized effort on skills development, labor regulation, social protection, and income redistribution.
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