Transitioning to the future of work – The power of possibility

Transitioning to the future of work – The power of possibility– Lakshmi M. Puri

Abstract:

Transitioning equitably and sustainably to the future of work and harnessing it’s full power of possibility, is at the heart of the much needed socio-economic transformation in India and the world. It is also crucial for good governance towards sustainable development for all. The population of the world is predicted to expand from 7.349 billion in 2015 to 8.5 billion in 2030, 9.7 billion in 2050 and up to 11.213 billion by 2100. These have implications for the labour markets in developing and developed nations and they are poised to undergo a major transition if not shocks in the upcoming years and decades. Broadly, the future of work has five dimensions, which are job quality, wage and income inequality, social protection systems, social dialogue, and industrial relations. (Read Full Paper)