Trade and technology are radically reshaping the world of work. Globalization and automation are displacing service-sector and professional jobs in rich nations while creating new export opportunities for emerging economies. A new form of globalization—"telemigration”— is allowing talented, low-cost workers sitting abroad to work in advanced economy offices without actually being there.
This talk – based on Richard Baldwin’s highly praised book, The Globotics Upheaval - argues that trade and technology will help us build a better world, but there will be stumbles on the path to this more local, more enlightened workplace. The problem is the mismatch speed of job displacement and job creation, which means that transition could be politically disruptive even if the long-run destination is a better world of work.