Steering Structural Change: Rethinking Government Policy to Support Fundamental Economic Transformations - Softcover

Softcover

ISBN 10: 0262051915 ISBN 13: 9780262051910

Verlag: The MIT Press, 2026

Inhaltsangabe

How to guide and support societal changes driven by geopolitical turbulence, technological advances like AI, and the green energy transition.

Steering Structural Change explores looming transformations that both advanced and developing economies face as rising geopolitical tensions, accelerating climate change, and advances in technology disrupt economic structures. These seismic factors demand a fundamental reconsideration of economic policies.

Even though there is a general understanding of the policy measures and reforms needed at this juncture, the unequal economic effects and political economy obstacles that they entail can impede their implementation. Technological advances, such as digitalization, automation, and AI, will disrupt labor markets as productivity improvements enhance some occupations but obviate others. The clear aggregate benefits of technological progress will come with large and long-lasting adjustment costs. Uniquely captured in this edited collection, the current debate among experts and economists will help guide the design of effective policies to prepare workers, ease the process of reallocation, and ensure that the collective benefits are broadly shared.

Über diesen Titel

Über die Autorin bzw. den Autor

Pierre-Olivier Gourinchas is Economic Counsellor and Director in the Research Department of the International Monetary Fund in Washington, DC.

Maurice Obstfeld is C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics in Washington, DC.

Petia Topalova is Division Chief of the Development Macroeconomics Division in the Research Department of the International Monetary Fund in Washington, DC.

Details zur Ausgabe

• Verlag: The MIT Press
• Erscheinungsdatum: 2026
• Sprache: Englisch
• ISBN 10: 0262051915
• ISBN 13: 9780262051910
• Einband: Taschenbuch
• Anzahl der Seiten: 552
• Herausgeber: Gourinchas Pierre-Olivier, Obstfeld Maurice, Topalova Petia
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar