Ebook85 pages3 hours
Going Viral: COVID-19 and the Accelerated Transformation of Jobs in Latin America and the Caribbean
Rating: 0 out of 5 stars
()
About this ebook
COVID-19 started as a health emergency, but it is rapidly evolving into an employment crisis. There is
still uncertainty on how severe the economic impact of the pandemic will be. As things go, however, the drag
on the region’s employment could last longer than the epidemic itself. Beyond the immediate impacts on the
level of employment, the crisis is deepening and accelerating the transformation of jobs, bringing the future
closer. Going Viral: COVID-19 and the Accelerated Transformation of Jobs in Latin America and the Caribbean focuses on recent trends in the economies of the region that have been significantly changing the labor market: premature deindustrialization, the servicification of the economy, and the changing skill requirements of jobs as automation advances.
The findings of this report have important implications for economic policy. Some of these implications are
related to the productivity challenges that Latin America and the Caribbean was already facing after the end of
the “Golden Decade†? in 2013. Other policy implications see their relevance enhanced by the COVID-19 crisis.
As sectors are impacted in different ways, as new technologies are developed and adopted, and as working
remotely becomes more common, governments need to respond in ways that support a smooth transformation
of jobs—one that is socially acceptable and that contributes to productivity growth, including investing
in the human capital of the workforce. The accelerated transformation of jobs also calls for a rethinking of labor regulations and social protection policies. The institutional architecture geared to wage earners in the formal sector is quickly becoming outdated. The report calls for the flexible regulation of the emerging forms of work, in a way that encourages employment and supports formalization, thereby expanding the coverage of social protection. to larger segments
still uncertainty on how severe the economic impact of the pandemic will be. As things go, however, the drag
on the region’s employment could last longer than the epidemic itself. Beyond the immediate impacts on the
level of employment, the crisis is deepening and accelerating the transformation of jobs, bringing the future
closer. Going Viral: COVID-19 and the Accelerated Transformation of Jobs in Latin America and the Caribbean focuses on recent trends in the economies of the region that have been significantly changing the labor market: premature deindustrialization, the servicification of the economy, and the changing skill requirements of jobs as automation advances.
The findings of this report have important implications for economic policy. Some of these implications are
related to the productivity challenges that Latin America and the Caribbean was already facing after the end of
the “Golden Decade†? in 2013. Other policy implications see their relevance enhanced by the COVID-19 crisis.
As sectors are impacted in different ways, as new technologies are developed and adopted, and as working
remotely becomes more common, governments need to respond in ways that support a smooth transformation
of jobs—one that is socially acceptable and that contributes to productivity growth, including investing
in the human capital of the workforce. The accelerated transformation of jobs also calls for a rethinking of labor regulations and social protection policies. The institutional architecture geared to wage earners in the formal sector is quickly becoming outdated. The report calls for the flexible regulation of the emerging forms of work, in a way that encourages employment and supports formalization, thereby expanding the coverage of social protection. to larger segments
Read more from Guillermo Beylis
Wired: Digital Connectivity for Inclusion and Growth Rating: 0 out of 5 stars0 ratingsLAC Semiannual Report October 2014: Inequality in a Lower Growth Latin America Rating: 0 out of 5 stars0 ratingsInforme Semestral †“ Oficina del Economista Jefe Regional, Octubre 2014: Desigualdad en una América Latina con Menor Crecimiento Rating: 0 out of 5 stars0 ratingsLAC Semiannual Report April 2014: International Flows to Latin America †“ Rocking the Boat? Rating: 0 out of 5 stars0 ratingsLAC Semiannual Report October 2015: Jobs, Wages and the Latin American Slowdown Rating: 0 out of 5 stars0 ratings
Related to Going Viral
Related ebooks
Revenue Administration Handbook Rating: 0 out of 5 stars0 ratingsPublic Examinations Examined Rating: 0 out of 5 stars0 ratingsReality Check: Lessons from 25 Policies Advancing a Low-Carbon Future Rating: 0 out of 5 stars0 ratingsEbb and Flow: Volume 1. Water, Migration, and Development Rating: 0 out of 5 stars0 ratingsLaying the Foundations: A Global Analysis of Regulatory Frameworks for the Safety of Dams and Downstream Communities Rating: 0 out of 5 stars0 ratingsDecentralization and Governance in the Ghana Health Sector Rating: 0 out of 5 stars0 ratingsQuality Unknown: The Invisible Water Crisis Rating: 0 out of 5 stars0 ratingsConcentrating Solar Power in Developing Countries: Regulatory and Financial Incentives for Scaling Up Rating: 0 out of 5 stars0 ratingsHousehold Energy Access for Cooking and Heating: Lessons Learned and the Way Forward Rating: 5 out of 5 stars5/5Knowing When You Do Not Know: Simulating the Poverty and Distributional Impacts of an Economic Crisis Rating: 0 out of 5 stars0 ratingsEbb and Flow: Volume 2. Water in the Shadow of Conflict in the Middle East and North Africa Rating: 0 out of 5 stars0 ratingsThe Health Workforce in Ethiopia: Addressing the Remaining Challenges Rating: 0 out of 5 stars0 ratings
Industries For You
Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys Rating: 5 out of 5 stars5/5Weird Things Customers Say in Bookstores Rating: 5 out of 5 stars5/5All the Beauty in the World: The Metropolitan Museum of Art and Me Rating: 4 out of 5 stars4/5The Market Gardener: A Successful Grower's Handbook for Small-Scale Organic Farming Rating: 4 out of 5 stars4/5Summary and Analysis of The Omnivore's Dilemma: A Natural History of Four Meals 1: Based on the Book by Michael Pollan Rating: 0 out of 5 stars0 ratingsUncanny Valley: A Memoir Rating: 4 out of 5 stars4/5YouTube Secrets: The Ultimate Guide to Growing Your Following and Making Money as a Video I Rating: 5 out of 5 stars5/5Grocery: The Buying and Selling of Food in America Rating: 4 out of 5 stars4/5INSPIRED: How to Create Tech Products Customers Love Rating: 5 out of 5 stars5/5The Deal of the Century: The Breakup of AT&T Rating: 4 out of 5 stars4/5Sweet Success: A Simple Recipe to Turn your Passion into Profit Rating: 5 out of 5 stars5/5Writing into the Dark: How to Write a Novel Without an Outline: WMG Writer's Guides, #6 Rating: 5 out of 5 stars5/5Fast Food Nation: The Dark Side of the All-American Meal Rating: 0 out of 5 stars0 ratingsArtpreneur: The Step-by-Step Guide to Making a Sustainable Living From Your Creativity Rating: 2 out of 5 stars2/5The Best Story Wins: How to Leverage Hollywood Storytelling in Business & Beyond Rating: 5 out of 5 stars5/5The Art and Making of the Dark Knight Trilogy Rating: 5 out of 5 stars5/5Pharma: Greed, Lies, and the Poisoning of America Rating: 5 out of 5 stars5/5Bottle of Lies: The Inside Story of the Generic Drug Boom Rating: 4 out of 5 stars4/5Music Law: How to Run Your Band's Business Rating: 0 out of 5 stars0 ratingsEnergy: A Beginner's Guide Rating: 4 out of 5 stars4/5YouTube 101: The Ultimate Guide to Start a Successful YouTube channel Rating: 5 out of 5 stars5/5Summary and Analysis of The Case Against Sugar: Based on the Book by Gary Taubes Rating: 5 out of 5 stars5/5Remainders of the Day: A Bookshop Diary Rating: 4 out of 5 stars4/5Setting the Table: The Transforming Power of Hospitality in Business Rating: 5 out of 5 stars5/5Scientific Advertising Rating: 4 out of 5 stars4/5Summary of Salt Sugar Fat: by Michael Moss | Includes Analysis Rating: 0 out of 5 stars0 ratings
Reviews for Going Viral
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
Going Viral - Guillermo Beylis
Enjoying the preview?
Page 1 of 1