The Changing Nature of Work
According to the World Bank's 2019 World Development Report, jobs in the future will require hard skills—such as technological know-how, problem-solving, and critical thinking—as well as soft skills—such as perseverance, collaboration, and empathy. Developing countries will have to invest in the advancement of these skills, as well as health and education, and react quickly to innovation to be able to compete in the global economy. Currently, 2 billion people work in the informal sector and 4 out of 5 people live without any social safety nets. These issues—and finding innovative ways of solving them—will predate innovation and make an impact on the future of work. The changing nature of work will bring about many new challenges, but it also offers a wide array of new opportunities for working people and governments around the world.
The World Bank’s World Development Report (WDR), published annually since 1978, is an invaluable guide to the economic, social, and environmental state of the world today. Each report provides in-depth analysis and policy recommendations on a specific and important aspect of development—from agriculture, the role of the state, transition economies, and labor to infrastructure, health, the environment, and poverty. The latest edition of the WDR focuses on the changes in workforce development that will be brought about by the Fourth Industrial Revolution. You can download the full text of the World Bank's 2019 World Development report by clicking here.
Please join us for a short presentation by Federica Saliola, Co-Director of the World Development Report on Tuesday, November 6th, 2018 from 10:00 AM – 11:30 AM. A panel discussion with Federica Saliola, Laura Ripani, Kevin Cassidy, Michal Rutkowski, and Peter Joyce on the changing nature of work will follow.