The G20 and the Reskilling Effort to Bring the Fourth Industrial Revolution to Emerging Countries: Some Insights from Latin America

Ramiro Albrieu  and Martin Rapetti presented a policy brief at T-20 Japan 2019. Throughout the policy brief, they analyse to what extent Latin America is ready to reap the benefits of this revolution and propose a set of policies for a successful reskilling of the labour force.

Ramiro Albrieu and Martin Rapetti presented a policy brief at T-20 Japan 2019.

The authors state that –fueled by major disruptions in the technological landscape– a process of Schumpeterian creative destruction is underway. According to the most accepted global narrative, the negative impacts of digital transformation on labour markets will be temporary and a new equilibrium will be eventually attained, based on a full absorption of new technologies and the complete acquisition of the relevant skills by workers.

Throughout the policy brief, they analyse to what extent Latin America is ready to reap the benefits of this revolution and propose a set of policies for a successful reskilling of the labour force.