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THE DIGITAL REVOLUTION AND JOB POLARISATION: AN INSTITUTIONAL, ECONOMIC, AND SOCIAL ISSUE The last decades were marked by processes of in-depth changes: globalisation, the collapse of the communist systems in Central and Eastern Europe, a new post-industrial transition, and the economic and financial crisis brought along also the crisis of “sovereign debts”. All these occurred on the background of rapid digitalisation, computerisation, and automation processes of the economic sectors, the highest risks being born by the labour market and the main production factor: the human factor. Thus, as opposed to the previous stages, the gap between the economic and social risks to become higher in the absence of institutional reform and changes targeted mainly at institutions with impact on the labour market. The present paper intends to present the main issues with respect to economic and social aspects relevant to the process of resuming economic growth and to ensuring the sustainability of medium- and long-term development

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  • Cornelia DUMITRU

    (Institute of National Economy, Romanian Academy)

Abstract

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Suggested Citation

  • Cornelia DUMITRU, 2016. "THE DIGITAL REVOLUTION AND JOB POLARISATION: AN INSTITUTIONAL, ECONOMIC, AND SOCIAL ISSUE The last decades were marked by processes of in-depth changes: globalisation, the collapse of the communist sy," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 42(1), pages 105-115, June.
    • Handle: RePEc:ath:journl:v:42:y:2016:i:1:p:105-115
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    More about this item

    Keywords

    digitalisation; institutional reform; economic growth; job polarisation; social development;
    All these keywords.

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J59 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Other

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