Future of the Economy

Name: Future of the Economy
Brand: Taylor & Francis

Taylor & Francis

As the pace of economic change seems to only quicken, including rapid technological advance, today\u2019s advanced economies face uncertainty from a number of directions, most of which have the potential to change established modes of thinking and the institutional arrangements that underpin basic economic organization. Labor-saving technological advances are accompanied by risks to jobs due to automation. Work is being made more insecure for a wide variety of workers and skill levels because of shifting capital\u2013labor relationships. Regulatory systems are scrambling to adapt to new technologies in infrastructure planning or to the classification of workers under rapidly proliferating \""alternative work arrangements.\"" Even the ties that bind groups of countries together in often long-standing bilateral and multilateral trade relationships are increasingly under strain with the rise of populist economic nationalism in some of the world\u2019s largest economies. Crucial changes ar.