Development Futures: Richard Baldwin on how globalisation and robotics will impact developing economies

Today, the dynamic duo of globalisation and robotics, which international economist Richard Baldwin calls “globotics”, is disrupting the service sector and professional jobs faster than ever. Digital technology is empowering “white-collar robots” to take over many service sector and professional jobs, while “telemigration” opens doors for skilled workers in low-wage countries to join high-wage economies remotely. But what's next? What new jobs will “globotics” create, and how will they shape the future of work? In this episode of Development Futures, Alexandre Dayant, the Deputy Director of the Indo-Pacific Development Centre, talks with Richard Baldwin, professor of international economics at the IMD Business School in Lausanne and author of The Globotics Upheaval. They explore the disruptive impact of globotics on the international labour market, assess the public policies needed to facilitate the adaptation of displaced workers, and expand on the additional complications introduced by geopolitics. These are just a few of the topics covered in this wide-ranging conversation.See omnystudio.com/listener for privacy information.