Technological and economic long waves and their implications for employment |
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| Authors: | Andrew Tylecote |
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| Affiliation: | Andrew Tylecote is Professor of the Economics and Management of Technological Change at Sheffield University Management School. |
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| Abstract: | The world economy is currently stuck in a 'long wave' downswing, due largely to the mismatch of a new technological 'style' with established institutions. The article sketches the effects on the level and pattern of employment and discusses the reforms which will be needed to escape from the downswing. |
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