Information and communication technologies have been rewiring the global economy for more than a quarter of a century. However more is known about tangible goods than about the growing intangible flows between nations. Multinationals have long allocated their financial transactions, leases, and intellectual property across economies based on a number of considerations, including to reduce their tax payments. These internal transfers are quite opaque. And two newer phenomena related to the digitalisation of economic activity are making it particularly difficult to analyse the modern global economy: contract manufacturing and cloud computing.
CGD Policy Blogs
Associate Professor of Political Science Yuen Yuen Ang on how to make your data more meaningful, the dangers of big data in cases of oppression, and whether political freedom is really a requirement for technological development.
Who’s Responsible? Consider Developing Countries When Assessing the Ethical Responsibilities of Innovation
Imagine sitting on a park bench chatting with a life-sized robot as engaging as the Tin Man in The Wizard of Oz. But this is not just any chunk of metallic brain power. It is your life partner.
For the policymaker looking to improve services and the delivery of benefits, or for the financial institution trying to expand its customer base, the gap between technical solutions and the situation of the average technology user represents fertile ground for the many new opportunities that the digital economy provides.
Here at CGD, we’re always working on new ideas to stay on top of the rapidly changing global development landscape. Whether it’s examining new technologies with the potential to alleviate poverty, presenting innovative ways to finance global health, assessing changing leadership at international institutions, or working to maximize results in resource-constrained environments, CGD’s experts are at the forefront of practical policy solutions to reduce global poverty and inequality. Get an in-depth look below at their thoughts on the 2018 global development landscape.
I was recently invited to participate in a panel discussion, titled “Artificial Intelligence and the Future of Human Labor” at the 10th edition of World Policy Conference. Preparing for this panel provided me with an opportunity to think more deeply about the ways in which artificial intelligence (AI) and automation will impact the future of work. And I came to five main conclusions.
Why are the world’s scarcest economic resources devoted to economizing one of the world’s most abundant economic resources?