Publications /
Policy Paper

Back
Download PDF
Capital, Labor, and Land in the Digital Transition
Authors
Otaviano Canuto
Philip Yang
October 23, 2024
Related topics: 
Economy
Labour market and human capital

The digital revolution is bringing about a dramatic shift in power, from labor to capital. We assess what the impact of this transformation might be on land as a factor of production.

The digital revolution is not happening in a historical vacuum. It unfolds within a framework of confrontation or collusion between market forces and government forces. Depending on the market power that companies can exercise, the digital transition will have different impacts on income distributions between capital, labor, and land, as well as on income distribution within capital itself.

This digital transition is advancing during a period of history marked by the worsening of four major crises, the effects of which are interconnected: international, environmental, democratic, and distributive.

Urban land management, based on collective purpose, must be recognized as a strategic asset in building a future in which progress is guided by equity, resilience, and social responsibility, with human dignity and the environment at the center of decisions.

RELATED CONTENT

  • Cinq grandes tendances dans une Afrique en mutation
    Authors
    Sabine Cessou
    May 17, 2019
    Sur quelles contraintes faut-il anticiper lorsqu’on évoque la croissance de l’Afrique? Comment guider les décideurs politiques dans les priorités à définir pour piloter l’économie et arriver à bon port dans le monde qui vient? Le séminaire organisé le 11 avril à Paris par le PCNS et le Centre de développement de l’OCDE a apporté des éléments de réponse. La discussion s’est ouverte en prenant appui sur le rapport de référence publié en 2018 par l’Union africaine et l’OCDE sur les “D ...
  • لجان القوى العاملة القطاعية، أو حينما تكون الحركة العمالية داعمة لتنمية اقتصادية واجتماعية مندمجة
    Authors
    Tayeb Ghazi
    May 2, 2019
    يعاود الفاتح من ماي اطلالته السنوية لينقش في الذاكرة تخليدا لأرواح نقابيي شيكاغو التي ضحوا بها في منتصف ثمانينيات القرن التاسع عشر إيمانا بضرورة تحسين شروط وظروف العمل، ووجوب حصر ساعاته اليومية في حدود الثمانية. وبعد قرابة ثلاثين عاما على أحداث شيكاغو، سيعرف المغرب - مع انتشار العمل المأجور خلال فترة الحماية - تأسيس أولى نقاباته، بمفهومها الحديث، بعد ترخيص الاقامة الفرنسية لنشاطات كل من "الجمعية العامة لموظفي الحماية" في ماي سنة 1919, يليها "تجمع الشحن والافراغ المغربي" في يونيو، ث ...
  • Download PDF
    Traps on the Road to High Income
    Authors
    Otaviano Canuto
    April 25, 2019
    The “middle-income trap” has become a broad designation trying to capture the many cases of developing countries that succeeded in evolving from low- to middle-levels of per capita income, but then appeared to stall, losing momentum along the route toward the higher income levels of advanced economies. Such a trap may well characterize the experience of most of Latin America since the 1980s, and in recent years middle-income countries elsewhere have expressed fears of following a si ...
  • Planning for tomorrow's workforce: is Africa ready?
    Authors
    Tayeb Ghazi
    April 10, 2019
    Africa is experiencing a demographic boom, so as its population is expected to double by 2050 to reach 2.8 billion. The growth in Africa’s working-age population will be inevitable. The youth population will also grow to make of Africa the continent of youth ‘par excellence’, so as it will hold the largest number of young people in the globe. Source: UN DESA | United Nations Department of Economic and Social Affairs, 2018 Against this outlook, economic growth is essential for Afric ...
  • Download PDF
    Youth Unemployment in the Middle East & North Africa, and the Moroccan case
    Authors
    Uri Dadush
    December 6, 2018
    This Policy Paper aims to provide a better understanding of the drivers of youth unemployment in the Middle East and North Africa (MENA) region by examining some common factors and then delving deeper into the case of Morocco, a relatively stable country that has historically been a source of large emigration, especially towards Europe. The MENA region has some of the highest total and youth unemployment rates in the world. High youth unemployment is especially worrisome because it ...
  • L’avenir du travail : quel effet d’une automatisation accrue ?
    Authors
    Yassine Msadfa
    November 5, 2018
    Il y a une dizaine d’années, le nombre et la complexité des taches que pouvaient effectuer les robots semblaient encore limités. Aujourd’hui, certains robots, munis d’une intelligence artificielle développée, réussissent à apprendre et à exceller dans des jeux de stratégie assez complexes, comme les échecs ou le jeu de GO. Le développement de la robotique, de l’intelligence artificielle et de l’automatisation, en général, s’est fait de façon relativement rapide, incitant plusieurs e ...
  • Croiser les vues Nord et Sud sur la migration
    Authors
    Sabine Cessou
    November 1, 2018
    Le séminaire de haut niveau, organisé par OCP Policy Center ce 2 novembre 2018 à Rabat, est axé sur « La migration : réconcilier les visions du Nord et du Sud ».  Il sera question dans cette rencontre, organisée en partenariat avec le Ministère délégué auprès du ministre des Affaires étrangères et de la Coopération internationale, Chargé des Marocains résidant à l’étranger, des affaires de la migration et l’IeMED, de la coopération internationale pour « lever les obstacles à la mob ...
  • Slow Recovery to Nowhere? Labor Market Issues in Advanced Economies: Introduction
    Authors
    Nauro Campos
    Karim El Aynaoui
    Davide Furceri
    Prakash Loungani
    September 1, 2018
    A decade ago, the world faced the prospect of the next Great Depression. The worst did not come to pass. In the 1930s, the unemployment went up to 25% in some countries. This time the average unemployment rate for advanced economies did increase sharply to over 8% in 2010 from 5 ½ % in 2007 but has since slowly returned to its level before crisis, as shown in Fig. 1 (International Jobs Report 2017). ...
  • Benefits and Costs of Opening Brazil’s Foreign Trade
    Authors
    Otaviano Canuto
    August 13, 2018
    The Brazilian economy pays a price in terms of productivity foregone because of its lack of trade openness. A trade opening process would bring an adjustment impact that could nonetheless be mitigated with public policies that facilitate labor mobility and job migration. Benefits from trade opening would also hinge on policy improvements in complementary areas, such as infrastructure investments, business environment and others. The Brazilian economy would benefit from opening trad ...