Asia’s Workers Will Benefit from New Technologies, But Government Action is also Needed — ADB Study

26051-theme-ado-final.jpgSources: https://www.adb.org/news/asias-workers-will-benefit-new-technologies-government-action-also-needed-adb-study

pdf: https://www.adb.org/sites/default/files/publication/411666/ado2018.pdf

Summary:

  1. Technological advances have transformed the two billion worker Asian labor market, helping create 30 million jobs annually in industry and services over the last 25 years, drive increases in productivity and wages, and reduce poverty, says a new report by the Asian Development Bank (ADB).
  2. New research on how technology affects jobs, the subject of the special theme chapter in the Asian Development Outlook (ADO) 2018 report, points out that while some of the region’s jobs will be eliminated through automation, countervailing forces will more than compensate against job losses.

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