THE DIGITAL REVOLUTION AND JOB POLARISATION: AN INSTITUTIONAL, ECONOMIC, AND SOCIAL ISSUE
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Authors:
• Cornelia DUMITRU, Scientific Researcher, email: cornelia.dumitru@gmail.com, Afiliation: Institute of National Economy, Romanian AcademyPages:
• 105|115 -
Keywords: digitalisation, institutional reform, economic growth, job polarisation, social development
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Abstract:
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.
