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

  • Download PDF
    High and Persistent Skilled Unemployment In Morocco: Explaining it by Skills Mismatch
    Authors
    Thomas Awazu Pereira da Silva
    November 9, 2017
    This paper sheds light on the increasing and persistent skilled unemployment in Morocco over the past decade – oscillating around 20% of total unemployment. It identifies and estimates the role and significance of a skill mismatch between Morocco’s education system and its labor market, illustrated by the ratio between technical and general university degrees produced by the education system. The paper finds supporting evidence that a skill mismatch does play a significant role in e ...
  • Jobs, Industrialization, and Globalization
    Authors
    Hinh T. Dinh
    October 26, 2017
    After many decades of expansion, incomes and standards of living have never been better in many parts of the world. Yet, in the developed economies, there is anxiety over the loss of manufacturing jobs that once absorbed a large share of the labor force and created a middle class that formed the core of democracy. The vast majority of middle- income countries have not yet been able to make the transition to the high-income group despite decades of growth. Progress among low-income c ...
  • Download PDF
    Wage stagnation in the United States: some international implications
    Authors
    Uri Dadush
    October 23, 2017
    The rise of protectionism, economic nationalism and nativism in the United States can be attributed inter alia to the nation’s wage stagnation and rising inequality. Other countries are responding by reevaluating their reliance on the American hegemon. But this is not enough. Policy-makers also need to ask what lessons they can draw for their domestic policies from the United States’ success in creating wealth while, at the same time, failing to distribute it equitably and to reduce ...
  • From rivers to roads: Spatial mismatch and inequality of opportunity in urban labor markets of a megacity
    Authors
    Eduardo Amaral Haddad
    Ana Maria Bonomi Barufi 
    October 21, 2017
    Location decisions of firms and workers shape the spatial distribution of economic activity between and within cities. On one hand, the interaction between cities is widely investigated in the literature of regional and urban economics, which tries to assess the extent to which urban scale affects the local concentration of different skills, sectors, etc., apart from defining each city's role in the regional system. On the other hand, within-city dynamics and internal heterogeneity ...
  • Download PDF
    International Jobs Report: Edition 2017
    Authors
    Prakash Loungani
    July 5, 2017
    The global unemployment rate is expected to remain stable this year at about 5.7 percent and then decline in the coming years. The total number of people unemployed around the globe will remain at about 175 million this year. Unemployment rates are expected to decline in most advanced economies, but expected to be higher this year (compared to last year) in many emerging markets. Venezuela’s unemployment rate is expected to increase by 4 percentage points between 2016 and 2017, with ...
  • Download PDF
    Seven Years after the Crisis: Intersecting Perspectives
    Authors
    Nuria Boot
    Uri Dadush
    Karim El Aynaoui
    Karim El Mokri
    Simone Tagliapietra
    Karen E. Wilson
    Guntram B. Wolff
    Georg Zachmann
    Rim Berahab
    August 22, 2016
    This joint Bruegel-OCP Policy Center publication comprised of four policy contributions from researchers of both institutions is the result of the establishment of “Platform for Advanced & Emerging Economies Policy Dialogue.” The first edition of this continuous dialogue took place in Rabat on April 1st 2016 under the theme of “Seven Years after the Crisis: Intersecting Perspectives.” In the first paper, “Youth Unemployment in the Mediterranean Region and its Long term Implicat ...
  • Download PDF
    Performances en lecture au Maroc: approche par genre
    Authors
    Aomar Ibourk
    June 16, 2016
    L’écart entre filles et garçons en termes de scolarisation, au Maroc, a longtemps préoccupé tant les académiciens que les décideurs. En revanche, très peu d’études se sont penchées sur l’analyse de cet écart sous une toile de fond quantitative. Ce présent travail s’intéresse à l’écart genre en termes d’acquis scolaires en lecture. La finalité étant de mettre en exergue les facteurs influençant les différences de performance entre les genres ainsi que leur ampleur. Pour ce faire, une ...
  • Download PDF
    Learning Achievement in Morocco: a Status Assessment
    Authors
    Aomar Ibourk
    May 20, 2016
    The 2015-2030 strategic vision innovates the Moroccan educational system. Unlike previous reforms, this vision addresses problems that have long been ignored. Among these problems is the quality of education. Although educational quality may have been included in previous reform programs, it is considered as one of the priorities in this new vision. The purpose of this Policy Brief is to assess the status of learning achievement, which is an integral part of educational quality, of ...