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Adapting to the new transformation of the economy (English)

Increasing signs suggest that the economy is in the process of a significant restructuring process. Technology-led transformations are no longer limited to technology-related sectors and are beginning to impact structural sectors, including manufacturing, retailing, transportation, and construction. This change has potentially significant implications for the competitiveness of countries, business, and people. Some countries are starting to react to these economic changes in order to maintain their competitiveness. Most of these countries, however, are developed countries. If emerging economies want to remain competitive, they will also need to adapt to these economic trends. This paper presents policy areas for countries to prepare these economies to technology changes in order to maintain competitiveness and the creation of employment and growth.

Details

  • Author

    Mulas,Victor

  • Document Date

    2016/01/01

  • Document Type

    Working Paper

  • Report Number

    111120

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2016/12/19

  • Disclosure Status

    Disclosed

  • Doc Name

    Adapting to the new transformation of the economy

  • Keywords

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Citation

Mulas,Victor

Adapting to the new transformation of the economy (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/641831482144791967/Adapting-to-the-new-transformation-of-the-economy