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Growth, New Technology and the Future of Work: International Evidence and Implications for India

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  • Iyanatul Islam

    (Griffith Asia Institute
    ILO)

Abstract

This paper argues that one should go beyond the preoccupation with India maintaining its position as one of the world’s rapidly growing economies and focus instead on the future evolution of the labour market. Such an evolution—typically described as the ‘future of work’ agenda—will be critically shaped by how new technology affects job creation and the nature of employment. The paper seeks a middle ground between those who foresee a dystopian future of large-scale joblessness and those who espouse a romantic notion of a new and prosperous India shaped by millions of digitally empowered micro-entrepreneurs. The future of work in India and other developing countries is particularly challenging because policy-makers must also deal with endemic problems of poverty and deprivation in a twenty-first-century world. The appropriate response is to design innovative regulatory and policy frameworks for harnessing the benefits of new technology while containing its adverse consequences.

Suggested Citation

  • Iyanatul Islam, 2019. "Growth, New Technology and the Future of Work: International Evidence and Implications for India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 62(1), pages 31-53, March.
    • Handle: RePEc:spr:ijlaec:v:62:y:2019:i:1:d:10.1007_s41027-019-00168-7
    DOI: 10.1007/s41027-019-00168-7
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    References listed on IDEAS

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    Cited by:

    1. Narasimha D. Reddy, 0. "Future of Work and Emerging Challenges to the Capabilities of the Indian Workforce," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 0, pages 1-26.
    2. Narasimha D. Reddy, 2020. "Future of Work and Emerging Challenges to the Capabilities of the Indian Workforce," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 63(2), pages 199-224, June.

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    Keywords

    India; Growth; Future of work;
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