Technology and Trade: Powerful Drivers of Global Economic Progress
Marc Bacchetta, Counsellor, Economic Research and Statistics Division, World Trade Organization (WTO)
Chair: Jim Rollo, Associate Fellow, Global Economy and Finance Department, Chatham House
Marc Bacchetta will present the WTO's flagship World Trade Report 2017. The report examines how technology and trade – two of the most powerful drivers of global economic progress – affect employment and wages. It looks in particular into the part played by technology and trade in the decline of manufacturing employment, in the decreasing proportion of middle-skilled jobs, and in the growing value placed on skills within the jobs market. It analyses the challenges for workers and firms in adjusting to changes in labour markets and examines how governments can facilitate such adjustment to ensure that trade and technology are inclusive.
The key questions addressed by the report include:
- What are the effects of technology and trade on labour markets?
- Are all benefitting equally or are some being left behind by globalization and advances in technology?
- What are governments already doing and what else could they do to ensure that trade and technology are as inclusive as possible?
This briefing will be a part of Chatham House’s International Financial Institution (IFI) Briefing series where institutions will share their thinking with leaders in business, government and academia.
Attendance at this event is by invitation only.
The Chatham House Rule
To enable as open a debate as possible, this event will be held under the Chatham House Rule.