Globotics and development: When manufacturing is jobless and services are tradable

Richard Baldwin and Rikard Forslid

No wp-2019-94, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Globalization and robotics (globotics) are transforming the world economy at an explosive pace since they are driven by digital technology that is advancing in phenomenal increments. This paper—which should be considered a 'thought piece'—argues that the globotics transformation is likely to disable the traditional manufacturing-led development 'journey' of the type China is taking, while enabling the service-led development journey of the type India is following.

Keywords: Globalization; Robotics; Service-led development (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Globotics and Development: When Manufacturing Is Jobless and Services Are Tradeable (2023)
Working Paper: Globotics and development: When manufacturing is jobless and services are tradable (2020)
Working Paper: Globotics and Development: When Manufacturing is Jobless and Services are Tradable (2020)
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