Growth in a Time of Change Global and Country Perspectives on a New Agenda

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  • Engels
  • Paperback
  • 9780815737759
  • 25 februari 2020
  • 374 pagina's
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Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.

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Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
25 februari 2020
Aantal pagina's
374
Illustraties
Nee

Betrokkenen

Hoofdredacteur
Hyeon-Wook Kim
Tweede Redacteur
Zia Qureshi
Hoofduitgeverij
Brookings Institution

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Product breedte
153 mm
Product hoogte
25 mm
Product lengte
229 mm
Studieboek
Nee
Verpakking breedte
153 mm
Verpakking hoogte
25 mm
Verpakking lengte
229 mm
Verpakkingsgewicht
531 g

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9780815737759

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