Jan 29, 2020 10:23
In the context of economic stagnation, even small increases in productivity are enough to destroy more manufacturing jobs than are created. The best explanation for this worsening economic stagnation is that, since the 1970s, more and more countries adopted export-led growth strategies, built up manufacturing sectors and began to compete in global markets. In this context, countries with high levels of robotization are not necessarily the ones that have lost the most industrial jobs.