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.
General
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