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Newsletter of July 31,2019

Will digitalization bring back jobs to developed economies or increase protectionism? Our recent blog posts take a look at the debate.

 

What Is the Impact of Reshoring?

The technological progress of the last decades has led to developed countries relocating many work operations to low-wage countries. The increased use of digital technologies is now leading to a partial relocation of production sites back to the developed industrialized countries. However, the number and quality of the jobs is fundamentally different: While many low-skilled jobs left developed countries, only few high-skilled ones will return to the industrialized countries. The attempt to speed up the return of these jobs through punitive tariffs is not promising either. read more

 

Digitalization, Trade and Politics

Digitalization not only reduces an organization’s costs of production, but also the costs of cross-border trade. In a global economy, advancing digitalization can result in one more factor causing realignment of traditional trading patterns and can accelerate the structural change of the entire global economy. This can and will result in income losses for certain regions and individuals – some of which will resist change…in predictable ways. read more

 

Your Opinion Matters!

GED Survey

Our goal is to always provide you with the most relevant outputs possible. Now we would appreciate your help: Please do this quick 5 minute survey to share with us what is most interesting to you. This helps us optimize our content and tailor it to your preferences. We would appreciate your participation! Thank you! to the survey

 

Goodbye to Felix Vemmer

Since July 2017 Felix supported the GED team as freelancer with the online content management of the GED website, taking care of visualising graphics or publishing all the blogposts among some other tasks. After two years, he will now move to Berlin and work as Operational Intelligence Business Analyst for N26.The GED team thanks Felix for his great support. We wish him all the best for his future career. read more

 

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Andreas Esche

Director, Program Megatrends

 

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