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Shifting Paradigms
Growth, Finance, Jobs, and Inequality in the Digital Economy
Editors:
|
Publisher:
2022
Summary
Addressing the big questions about how technological change is transforming economies and societies
Rapid technological changelikely to accelerate as a consequence of the COVID-19 pandemicis 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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Bibliographic data
Copyright year
2022
ISBN-Print
978-0-8157-3900-5
ISBN-Online
978-0-8157-3901-2
Publisher
Rowman & Littlefield, Lanham
Language
English
Pages
backcover1
Product type
Edited Book
Table of contents
ChapterPages
Table of Contents No access
Preface No access
Acknowledgments No access
Overview: Digital Metamorphosis and Economic Change No access Pages 1 - 34
Gone Digital: Technology Diffusion in the Digital Era No access Pages 35 - 72
Digital Technologies, Intangibles, and Firm Productivity No access Pages 73 - 94
Harnessing the Promise of Fintech No access Pages 95 - 122
Automation, Jobs, and Wages: Should Workers Fear the New Automation? No access Pages 123 - 150
Organizaing for Digitalization at the Firm Level No access Pages 151 - 176
Digitalization and Inequality No access Pages 177 - 216
Technological Change and Inequality in Korea No access Pages 217 - 264
