Titlebook: Disrupted Development and the Future of Inequality in the Age of Automation; Lukas Schlogl,Andy Sumner Book‘‘‘‘‘‘‘‘ 2020 The Editor(s) (if

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Currency Exchange in a Globalized World,e of low-cost labor of late developers. Second, due to low levels of skills, the labor force in many developing countries is vulnerable to replacement by labor-saving technology. Wage stagnation and premature deindustrialization are already unfolding—however, unemployment is not (yet) the main probl

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https://doi.org/10.1007/978-3-030-30131-6Economic Development; Industrialisation; (De-)Industrialisation; Inequality; Technology; Employment; Struc

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Introduction, the more jobs it has that are in principle automatable because the kinds of jobs common in developing countries—such as routine work—are substantially more susceptible to automation than the jobs that dominate high-income economies. This matters because employment generation is crucial to spreading

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Economic Development and Structural Transformationomic development: the “classical,” the neo-Schumpeterian and the neoclassical school. While the latter two camps are agnostic toward the role of economic sectors in development, the first places a special emphasis on sectoral—particularly, manufacturing—development as an engine of growth. In the tra

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Deindustrialization and Tertiarization in the Developing Worldiculture shares of GDP and employment have fallen substantially—albeit they still persist at high levels among the poorest countries; regional manufacturing shares are consistent with deindustrialization or stagnant industrialization in employment shares and value-added; and, service shares of GDP a