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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 in-person: www.oxfordmartin.ox.ac.uk/events/future-of-global-development
To register to watch live online via Crowdcast: www.oxfordmartin.ox.ac.uk/events/future-of-global-development
