Work and Social Protection in Asia and the Pacific during the Fourth Industrial Revolution
Abstract
Description
This working paper posits that the Fourth Industrial Revolution, driven by the expanding digital economy, will bring significant changes to Asia and the Pacific’s labor market in the quantity, quality, location, and nature of work.
The optimal path for attaining the greatest benefit from the digital economy is to prevent excessive obstacles to factor mobility such as inadequacies in education, training, and retraining systems, as well as the absence of social protection such as unemployment insurance.