Richer countries are rapidly ageing and productivity is stagnating.
Meanwhile, industry - the motor for rapid economic development in the past - employs ever fewer people worldwide. And yet there is still hope for greater, and shared, global prosperity. Declining working age populations in rich countries are demanding ever-more services. A rising, increasingly educated working age population in lower income economies can provide them.
This is an immense, mutually beneficial opportunity to create a new development model, and a new model for development assistance. Aid for economic growth traditionally tried to foster the expansion of export-oriented industrial employment in recipient countries through physical investment. In the future, it can foster the expansion of expatriate employment through skills partnerships.
This talk will be followed by a drinks reception, all welcome.
- To register to attend this talk in-person in Oxford, scroll down and complete the In_Person registration.
- To watch live online via Crowdcast click here: https://www.crowdcast.io/c/future-of-global-development
- To watch later on YouTube click here: https://youtube.com/live/1qBZ_X_A-y0
Oxford Martin Visiting Fellow, Oxford Martin Programme on the Future of Development
Charles Kenny is a senior fellow at the Center for Global Development and Oxford Martin Visiting Fellow. His work focuses on global development trends and international development finance.
He is the author of books including “The Plague Cycle: The Unending War Between Humanity and Infectious Disease,” "Getting Better: Why Global Development is Succeeding," “The Upside of Down: Why the Rise of the Rest is Good for the West,” and “Life, Liberty and the Pursuit of Utility: Happiness in Philosophical and Economic Thought.” He has taught at Johns Hopkins School of Advanced International Studies, has been a contributing editor at Foreign Policy magazine and a regular contributor to The Economist and Business Week magazines.
He was previously an economist at the World Bank.
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