Our starting point is to deal with what we know – and the biggest challenge that the future of work faces – and has faced for decades – is the vast numbers of people who live day to day on casual labor, not knowing from one week to the next if they will have a job and unable to plan ahead, let alone months rather than years, for their children’s prosperity. We call this the informal economy – and as with so much pseudo-technical language which erects barriers, the phrase fails to convey the abject state of purgatory to which it condemns millions of workers and their families around the world.
Do you wonder if the good fortune and opportunities that you’ve enjoyed in your professional life will be available to your children, and to their children? At a time of strong global economic growth, it may seem paradoxical that we face an existential crisis around the future of work. But the pace of innovation is accelerating, and the jobs of the future – in a few months or a few years – will require specific, complex skills.
In short, the changing nature of work – and how best to prepare people for the jobs of the future – are some of the toughest challenges countries face, which is why they’re the subject of this year’s World Development Report.
Because the future of work matters to all of us, we decided to give this report an unprecedented level of transparency. For the first time since the World Bank began publishing the WDR in 1978, the report is completely transparent throughout the writing process. Every Friday afternoon, the latest draft is uploaded to the World Bank website, so that anyone with internet access has an opportunity to read it and engage with the team of authors. I can’t promise that the WDR won’t have changed a week from now, which is why I encourage you to keep revisiting it as we keep revising it.
For new readers, here are a few insights into the report’s contents that I hope will get you thinking about the future of work:
Yunus owns a fabric store in Blantyre, Malawi. The store was founded by his grandfather, who immigrated to Malawi in 1927, and has now been in his family for three generations. Business is good, Yunus said, but that the cost of essential services like electricity and water has gone up since his grandfather and father owned the store. Even so, he remains optimistic.
Marija Bosheva is a student at an agriculture and forestry vocational high school in Kavadarci, Macedonia. Like many high school students around the world, she takes daily lessons in history, math, biology, and chemistry. However, unlike many of her peers, she is also studying oenology — the art of making wine.
Are you carrying on a family tradition, like Yunus? Do you work or study in an entirely new field that didn’t exist when your parents were your age? Are you in the same position vis a vis your peers as your parents were vis a vis theirs?
- Fair Progress
- Economic Mobility
- Social Mobility
- Educational Mobility
- Intergenerational Mobility
- Social Development
- Labor and Social Protection
- The World Region
- South Asia
- Middle East and North Africa
- Latin America & Caribbean
- Europe and Central Asia
- East Asia and Pacific
While some studies predict automation to eliminate jobs at a dizzying rate, disruptive technologies can also create new lines of work. Our working draft of the forthcoming 2019 World Development Report, The Changing Nature of Work, notes that in the past century robots have created more jobs than they have displaced. The capacity of technology to exponentially change how we live, work, and organize leaves us at the World Bank Group constantly asking: How can we adapt the skills and knowledge of today to match the jobs of tomorrow?
One answer is to harness the data revolution to support new pathways to development. Some 2.5 quintillion bytes of data are generated every day from cell phones, sensors, online platforms, and other sources. When data is used to help individuals adapt to the technology-led economy, it can make a huge contribution toward ending extreme poverty and inequality. Technology companies, however well intended, cannot do this alone.
: climate change, natural disasters, poverty, water scarcity, food insecurity, global displacement, conflict and violence. These are not the kinds of challenges that will go away on their own—they feed off one another and flourish. The world is responding with the Sustainable Development Goals (SDG), which lay out a road map to building a more inclusive, peaceful and prosperous world—a better world.
. As highlighted in the 2016 World Development Report “Digital Dividends”, we find ourselves amid the greatest information and communications revolution in human history and must take advantage of this rapid technological change to make the world more prosperous and inclusive. , share their ideas and learn from one another while discussing the challenges and opportunities created by this technological shift.
The way we communicate, produce, and relate to technology is evolving quickly.
Tell me something I don’t know, you’ll say.
That’s where Benedict Evans, a prominent tech guru from the venture capital firm Andreessen Horowitz ('a16z') in Silicon Valley, comes in. In a recent presentation at the World Bank (Mobile is Eating the World) Evans shared inspiring, and at times, unnerving insights on how technology is shaping our world and how it might impact the global development community. Here are some key takeaways:
Let’s be honest. The Middle East and North Africa is burning, and in some areas it is literally burning. Conflict and fragility have long warped what once was the cradle of civilization and the inspiration for the many inventions we can’t live without today. However, in the midst of that fire hope rises, a driver of change that is transforming the ugly reality into a bright future.
After I fled the war in Iraq in 2006, I was pessimistic about what the future was holding for that region. Year after another, the domino-effect of collapse became a reality that shaped the region and its people. Yet, fast-forward to 2017, I have witnessed what I never thought I would see in my lifetime: the new renaissance in the Middle East and North Africa.
I have just recently come back from attending the World Economic Forum on the Middle East and North Africa at the Dead Sea in Jordan. This year, the Forum and the International Finance Corporation (IFC), the private sector arm of the World Bank Group, partnered to bring together 100 Arab start-ups that are shaping the Fourth Industrial Revolution.
There, the positive vibe was all around; no negativity, no pessimism. Instead there was a new sense of optimism and enthusiasm, hunger for change, and the will to take the region to a whole new future, away from conflict and the current norm of pessimism.
Yes, there are approximately 65 million refugees, asylum-seekers and internally displaced people worldwide. Yes, conflicts continue unabated, producing inordinate human misery. Yes, we urgently need political solutions.
But there is growing consensus that creating jobs so people can work—wherever they are—is key to escaping fragility and preventing further conflict. And it’s what we need to focus on right now, experts and policymakers agreed at the “Overcoming Fragility: Why Jobs Are Key” event on Friday during the World Bank-IMF Annual Meetings in Washington, DC.
and what a difference a group of young Lebanese men and women are making to advocate for peace to make a difference!
Their ages range between 16 to 25 years old. They are poor and unemployed. They once fought each other, literally, in their sectarian-divided Lebanese city of Tripoli. Sunni residents of Bab al-Tabbaneh and Alawite residents of Jabal Mohsen neighborhoods fought each other repeatedly.
But at the beginning of 2015, the government imposed a ceasefire that put an end to the endless rounds of fierce clashes and restored calm in the city.
And that’s when a Lebanese non-profit organization promoting peace through art went there looking for a different kind of recruitment: one of peace. March brought the youth together to perform in a play!
- civil society
- Community Development
- State Fragility
- Fragility Conflict and Violence
- Conflict and Fragility
- Civil War
- Post-Conflict Peacebuilding
- Social Development
- Middle East and North Africa
- Sustainable Communities