Growth and distribution in the digital era
Past Event
Growth paradigms are shifting. Digital technologies and artificial intelligence are reshaping economic growth and distribution as they transform nearly every aspect of business and work. The new technologies hold great promise. But change also causes disruption, creates winners and losers, and produces social stress. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration in industries inevitable with the new technologies or can their benefits be shared more widely across firms? How can the promise of digital innovations in finance be captured while managing risks? Should workers fear the new automation? Is technological change causing economic inequality to rise? What new challenges arise for public policy in areas such as competition, regulation, workforce development, social protection, and taxation?
A recently published book, “Shifting Paradigms: Growth, Finance, Jobs, and Inequality in the Digital Economy,” examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. It follows a 2020 book on technological change, “Growth in a Time of Change: Global and Country Perspectives on a New Agenda.”
On January 20, 2022, the Global Economy and Development program at Brookings, together with Korea Development Institute (KDI), hosted an online event to discuss how technology is reshaping economies and public policy agendas. Brief presentations on the books were followed by two panel discussions.
During the live event, the audiencesubmitted questions by emailing events@brookings.edu or by using the Zoom Q&A function.
Agenda
Opening remarks
Jang Pyo Hong
President - Korea Development Institute
Brahima Sangafowa Coulibaly
Vice President and Director - Global Economy and Development
Senior Fellow - Global Economy and Development
Presentations
Youngsun Koh
Senior Vice President and Chief Research Officer - Korea Development Institute
Zia Qureshi
Senior Fellow - Global Economy and Development
Cheonsik Woo
Senior Fellow - Korea Development Institute
Panel I: Technology, productivity, industry, and finance
M. Ayhan Kose
Nonresident Senior Fellow - Global Economy and Development
Deputy Chief Economist and Director of Prospects Group - World Bank
Chiara Criscuolo
Head, Productivity, Innovation, and Entrepreneurship Division - OECD
Martin Kaufman
Assistant Director and Korea Mission Chief, Asia and Pacific Department - International Monetary Fund
Thomas Philippon
Max L. Heine Professor of Finance, Stern School of Business - New York University
Panel II: Technology, jobs, and inequality
Danny Leipziger
Professor of International Business and International Affairs - George Washington University
Managing Director - The Growth Dialogue
Harry J. Holzer
Nonresident Senior Fellow - Economic Studies
John LaFarge Professor of Public Policy, Georgetown University
Jungsoo Park
Professor of Economics and Director of the Nam Duck Woo Economic Research Institute - Sogang University
More Information
To subscribe or manage your subscriptions to our top event topic lists, please visit our event topics page.