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Shifting Paradigms - Growth, Finance, Jobs, and Inequality in the Digital Economy (Paperback)
Loot Price: R865
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Shifting Paradigms - Growth, Finance, Jobs, and Inequality in the Digital Economy (Paperback)
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Addressing the big questions about how technological change is
transforming economies and societies Rapid technological
change-likely to accelerate as a consequence of the COVID-19
pandemic-is reshaping economies and how they grow. But change also
causes disruption, creates winners and losers, and produces social
stress. This book examines the challenges of digital transformation
and suggests how creative policies can make it more productive and
inclusive. Shifting Paradigms is the second book on technological
change produced by a joint research project of the Brookings
Institution and the Korea Development Institute. Contributors are
experts from the United States, Europe, and Korea. The first
volume, Growth in a Time of Change, was published by Brookings in
February 2020. The book's underlying thesis is that the future is
arriving faster than expected. Long-accepted paradigms about
economic growth are changing as digital technologies transform
markets and nearly every aspect of business and work. Change will
only intensify with advances in artificial intelligence and other
innovations. Investors, business leaders, workers, and public
officials face many questions. Is rising market concentration
inevitable with the new technologies or can their benefits be more
widely shared? How can the promise of FinTech be captured while
managing risks? Should workers fear the new automation? Are
technology-driven shifts in business and work causing income
inequality to rise? How should public policy respond? Shifting
Paradigms addresses these questions in an engaging manner for
anyone interested in understanding how the economic and social
agenda is being transformed by today's winds of change.
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