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Disruptive Technology of the Banking and Finance Market: Pedagogical guide to its labour design

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  • Tweneboah Senzu, Emmanuel

Abstract

The paper critically examines the elementary drivers of the technologically driven financial market, with a special focus on the fragile financial market, and evaluates the expected impact of emerging disruptive technology of the fourth industrial revolution. It then proceeds to make a subjective proposition of policy framework and pedagogical guidelines required for its successful management under a sovereign economy. The phenomenon under study resulted in a theoretical proposition of a labour competency and assessment index model to assess labour capacity of any technologically driven industrial market.

Suggested Citation

  • Tweneboah Senzu, Emmanuel, 2022. "Disruptive Technology of the Banking and Finance Market: Pedagogical guide to its labour design," MPRA Paper 111384, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:111384
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    File URL: https://mpra.ub.uni-muenchen.de/113657/1/MPRA_paper_113657.pdf
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    References listed on IDEAS

    as
    1. Acemoglu, Daron & Autor, David, 2011. "Skills, Tasks and Technologies: Implications for Employment and Earnings," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 12, pages 1043-1171, Elsevier.
    2. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
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    Keywords

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    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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