Could digital technologies cause a permanent decline in demand (as measured by GDP)? What might be the economic and fiscal impact?
Join us as we explore the impact of digital technologies on the economy with Armine Yalnizyan, Atkinson Foundation’s Fellow on the Future of Workers. Armine served as Senior Economic Policy Advisor for the Deputy Minister at Employment and Social Development Canada from 2018 to 2019.
Digital labour platforms are growing rapidly, both in existing sectors and those with higher skills and wages. This could cause more of Canada's high-paid, white-collar workers to compete with people from lower-wage economies, much as blue-collar workers struggled with globalization from the 1970s to the 1990s. As global wages converge, workers in richer countries could face falling wages, while those in poorer nations could see increased pay and purchasing power. This may not play out evenly, but—like everything we are learning throughout this pandemic—governments’ responses could maximize their potential.
Please note that the presentation will be in English.
Biography
Armine Yalnizyan is the Atkinson Foundation’s Fellow on the Future of Workers. She served as Senior Economic Policy Advisor for the Deputy Minister at Employment and Social Development Canada from 2018 to 2019. She helped lead the Canadian Centre for Policy Alternatives' Inequality Project from 2008 to 2017, and provided weekly business commentaries on CBC radio and CBC TV from 2011 to 2018. She is past President of the Canadian Association for Business Economics.
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