This report examines the impact of technological innovation on growth, jobs and livelihoods in developing economies. This report outlines five possible pathways that developing countries could adopt for future inclusive growth and jobs for people living in poverty. Optimism and collective action are needed – not policy paralysis by developing country governments.
- The numbers about job losses – from 9% to 80% – caused by automation are misleading; they use technically flawed methodologies, and generally ignore the upsides of technological progress in creating new economic opportunities for workers, firms, and consumers.
- Manufacturing isn’t the only way to transform and grow an economy. The report identifies five possible pathways that developing countries could adoptfor future inclusive growth and jobs for people living in poverty.
- There are three priorities that all countries should focus on to make the most of technology: countries need to be 'digital ready', they need to guide markets towards innovation, and they need to ensure the gains are inclusive.
- Harnessing change will not happen by itself: citizens, policy makers, business leaders and civil society need to work together to chart a course for inclusive growth.