Ageing​​​​​​​​​​​​​​ And Automation ​​​​​​​
Bloomberg Businessweek Middle East|October 1, 2018

Shrewd policy initiatives will be required to address the twin challenges of ageing and automation in the GCC

Jeff Youssef
Ageing​​​​​​​​​​​​​​ And Automation ​​​​​​​

The global labour market has endured a series of disruptions in recent decades – from rapid globalisation, to deep business-cycle troughs to battles for gender equality. Today, workforces globally are justifiably anxious once more due to the Fourth Industrial Revolution (4IR) – a merging of the physical and the digital that hints at widespread future redundancies – as well as rapid societal ageing. Shrewd policy initiatives will be required to address the twin threats of ageing and automation, and to mitigate the associated fallouts. Job displacement at the hands of technology accompanied with increasing societal ageing could increase un- and under-employment, widen inequality, and exacerbate talent shortages for firms.

Increased life expectancies and decreasing birth rates around the world have dramatically quickened the global phenomenon of societal ageing. The global birth rate has flattened rapidly over the past five decades and will, according to data from the United Nations Department of Economic and Social Affairs, decrease steadily until the end of the century. Meanwhile, upward mobility and increased access to quality healthcare has increased life expectancies around the world – the UN World Population Prospects projects that between 2015 and 2100, the average global life expectancy at birth will increase by more than ten years.

Denne historien er fra October 1, 2018-utgaven av Bloomberg Businessweek Middle East.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 1, 2018-utgaven av Bloomberg Businessweek Middle East.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BLOOMBERG BUSINESSWEEK MIDDLE EASTSe alt
Golfing With The Enemy
Bloomberg Businessweek Middle East

Golfing With The Enemy

Did Donald Trump's executives violate the Cuban embargo?

time-read
10+ mins  |
August 16, 2016
Super-Rich Syrians Wait for War's End
Bloomberg Businessweek Middle East

Super-Rich Syrians Wait for War's End

Actor, author, playwright. Gill Pringle tries her hand at unravelling the mystery behind this enigmatic multi-hyphenate

time-read
10+ mins  |
July 01, 2016
Pam Codispoti
Bloomberg Businessweek Middle East

Pam Codispoti

The mastermind behind the industry-shaping Chase Sapphire Reserve Card sets her sights on banking

time-read
2 mins  |
January 16, 2018
This Time It's The Economy
Bloomberg Businessweek Middle East

This Time It's The Economy

President Rouhani’s budget sets offprotests from people angry about unemployment and inflation

time-read
5 mins  |
January 16, 2018
Saudi Prince Counts On Support Of Citizens
Bloomberg Businessweek Middle East

Saudi Prince Counts On Support Of Citizens

State-worker salary increases appeal to the people, but policy may throw the budget off track

time-read
3 mins  |
January 16, 2018
Stalin's Legacy Is Choking The Ukrainian Economy
Bloomberg Businessweek Middle East

Stalin's Legacy Is Choking The Ukrainian Economy

The government has resisted pressure to lift a ban on land sales, despite pressure from the IMF and investors

time-read
4 mins  |
January 16, 2018
Catastrophe Bonds Survive A Stormy Year
Bloomberg Businessweek Middle East

Catastrophe Bonds Survive A Stormy Year

The turbulence of 2017 couldn’t destroy a market for betting against disasters

time-read
3 mins  |
January 16, 2018
Riding The West Bank's Credit Boom
Bloomberg Businessweek Middle East

Riding The West Bank's Credit Boom

Increased consumer lending is creating a bubble in the West Bank

time-read
3 mins  |
January 16, 2018
You'd Be Crazy To Buy Pizza With Bitcoin
Bloomberg Businessweek Middle East

You'd Be Crazy To Buy Pizza With Bitcoin

Speculative fervour makes the cryptocurrency clumsy for commerce

time-read
3 mins  |
January 16, 2018
What If The President Loses His Party?
Bloomberg Businessweek Middle East

What If The President Loses His Party?

Trump has to figure out a way to work with Republicans in Congress, or the global economy may be at stake

time-read
6 mins  |
August 16, 2017