From the e-commerce site Taobao.com to the social media app WeChat, China has drawn global attention to its digital platform economy. A third of the top-200 digital platforms were born in China according to the Global Platform Survey 2016. They are also growing fast. A 2017 report published by Ali Research shows that the digital platform sector contributes to 10.5% of China’s GDP.
China’s worldwide e-commerce transaction value grew from less than 1% a decade ago to over 40% now, exceeding that of France, Germany, Japan, the United Kingdom, and the United States combined, according to a McKinsey study. In rural China, the development of e-commerce shows strong signs of clustering. The number of Taobao villages – those significantly engaged in e-commerce with a total annual e-commerce transaction volume of at least RMB 10 million and at least 100 active online shops – has increased from 20 in 2013 to 3,202 in 2018.
This is the second in this year's series of posts by PhD students on the job market.
Each evening the sun sets more than 90 minutes later in west India than in the east of the country. This is because time on clocks across India are set to Indian Standard Time, regardless of location. In China all clocks are set to Beijing Time, which means in western part of the country the sun sets 3 hours later than the east of the country. The sun sets at least an hour later in Madrid than in Munich because Franco’s Spain switched clocks ahead one hour to be in sync with Nazi Germany in 1940, even though Spain is geographically in line with Britain, not Germany. Similarly, for a range of historical reasons, clocks in large parts of the planet – e.g., France, Algeria, Senegal, South Sudan, Russia, and Argentina – are set to be ahead of their (solar) time. Therefore, these places see the sun set later in the day. In my job market paper, I show that these arbitrary clock conventions -- by generating large discrepancies in when the sun sets across locations -- help determine the geographic distribution of educational attainment levels.
This September I traveled to Beijing and Ningbo, China, to participate in the second Africa China World Bank Education Partnership Forum on Technical and Vocational Education and Training (TVET). The Forum--co-hosted by the China Institute for Education Finance Research, Peking University, Ningbo Polytechnic and the World Bank Group-- served as a platform for discussion and knowledge exchange to encourage stronger partnership efforts between African TVET institutions and some of China’s best ranking TVET centers and industries.
The 2018 Forum on China-Africa Cooperation (FOCAC) held in Beijing concluded on a high note with a pledge of $60 billion of development assistance from China to countries in Africa – together with the $60 billion pledged 3 years ago, it means China is investing $120bn over 6 years in Africa. Most of this assistance is directed at financing infrastructure. Several African leaders were featured on local and international media, and policy makers are no doubt contemplating the various dimensions of the China-Africa relation.
As one of the key foundations for manufacturing, trade and growth, logistics is a strategic component of every economy. The sector can also contribute significantly to job creation. For example, in the UK, logistics is a $120billion industry that employs about 8% of the workforce. In India, it is a $160billion industry accounting for 22 million jobs, with employment growing 8% annually.
In 2016 and 2018, the World Bank’s Logistics Performance Index found that many developing countries face a significant skills gap in the logistics sector, especially at the managerial level. Similarly, several studies conducted in emerging economies such as China, India, and South Africa report shortages of supply chain talent.
In that context, emerging economies must tackle two critical challenges in order to develop a competitive logistics sector:
- How can governments plug the skills gap in logistics?
- How can the sector cope with the rapid changes brought about by technology, such as warehouse automation “freight uberization” or online platforms matching demand and supply, and their impact on the labor market?
- capacity building
- skills building
- digital jobs
- Human Capital
- labor market
- Future of Work
- supply chains
- trade facilitation
- sustainable mobility
- sustainable transport
- Sustainable Communities
- Public Sector and Governance
- Private Sector Development
- Labor and Social Protection
- Global Economy
- Information and Communication Technologies
- South Africa
- United Kingdom