IDEAS home Printed from
   My bibliography  Save this article

Technology, Labor and Globalization: Contemporary Challenges


  • Kaushik Basu

    () (Cornell University)


Abstract From 2008, the world economy has been hit by a series of negative shocks and seems to be suffering from one of the most long-drawn recessions in history. It is argued that one underlying factor driving this festering crisis is the rise of digital technology which is reducing the demand for labor and creating an increasingly common labor market for the world. The paper elaborates on this hypothesis and goes on to discuss how this is impacting India and presents ideas on how India should respond to it in the future.

Suggested Citation

  • Kaushik Basu, 2019. "Technology, Labor and Globalization: Contemporary Challenges," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 62(1), pages 1-13, March.
  • Handle: RePEc:spr:ijlaec:v:62:y:2019:i:1:d:10.1007_s41027-019-00157-w
    DOI: 10.1007/s41027-019-00157-w

    Download full text from publisher

    File URL:
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    As the access to this document is restricted, you may want to search for a different version of it.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ijlaec:v:62:y:2019:i:1:d:10.1007_s41027-019-00157-w. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Springer Nature Abstracting and Indexing). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.