OECD Labour Market and Social Policy Occasional Papers

Discontinued
ISSN :
1815-1981 (online)
DOI :
10.1787/18151981
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This series is designed to make available to a wider readership selected labour market and social policy studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other.
 

Knowledge, Work Organisation and Economic Growth You or your institution have access to this content

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Author(s):
Elena Arnal1, Wooseok Ok, Raymond Torres1
Author Affiliations
  • 1: OECD, France

Publication Date
05 June 2001
Bibliographic information
No.:
50
Pages
81
DOI
10.1787/302147528625

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It is sometimes asserted that an era of faster economic growth has come about --the so-called New Economy. New technology, notably information and communications technology (ICT), is seen as a key factor at work, together with international economic integration. This report examines the issue from a labour market perspective. The findings suggest that sanguine predictions about the New Economy are unlikely to materialise unless the appropriate policy environment is in place, notably as regards employment and human capital development policies.

New technology holds the promise of higher economic growth, ...

True, new technologies hold the promise of higher economic growth and improved living standards. Besides the potential impact of technology on efficiency gains, ICT may provide opportunities for better utilising existing skills. In this regard, the availability of telework to groups so far underrepresented in the labour market is a positive phenomenon. Also, new technology will ...