Does technology hinder development? [1]

How do new technologies impact developing countries? The optimist’s view is that they can help low-income countries leapfrog in development by not having to replicate old models of industrialisation. The pessimist’s view is that low-income countries won’t be able to take advantage of new technologies due to a lack of skills and capabilities. Data on the employment consequences of participation in global value chains in low-income countries reveal findings that are more in line with the pessimist’s view – new technologies are disadvantaging low-income countries on the production side and seeing few employment prospects. 

Video: 
Standfirst: 
Low-income countries are disadvantaged by the introduction of new technologies due to being unable to access skilled employment opportunities
Date Published: 
Wednesday, August 21, 2019
Tags: 
technology [2]
Africa [3]
development [4]
employment [5]
Low-income countries [6]
Authors: 
Dani.Rodrik [7]
Cover Image: 
Topic: 
Technology & Innovation [8]
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Incentivising pro-labour reforms [10]
Technology transfer and the rise of China [11]
New technology and job destruction: When does social unrest become inevitable? [12]
Photo Credit: 
Trssuretm