Making Work Work – For All Stakeholders

11 Pages Posted: 30 Apr 2021

See all articles by Abiodun Akanbi

Abiodun Akanbi

University of Ibadan, Centre for Sustainable Development; Africa Circular Economy Research and Policy Network (ACERPiN)

Mike Durrie

The Digital Economist

Brian Barnier

Independent

Navroop K. Sahdev

Massachusetts Institute of Technology; Centre for Blockchain Technologies, University College London; Centre d'Économie de l'Université Paris-Nord

Date Written: March 22, 2021

Abstract

Beyond gaining an overview of the forces driving change, a vital part of preparedness for the future of work is assessing the time horizon, as detailed in a paper published by the International Labour Organization. The United Nations 2030 Agenda for Sustainable Development provides the framework for inclusive global sustainable development efforts for the coming decade. Among the 2030 targets of Goal 8 of the UN Sustainable Development Goals, “Decent work and Economic Growth,” are to achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities and equal pay for work of equal value.

When reflecting on the world of work and the future, differences in economic and social development between and within countries must not be overlooked. Employment opportunity is influenced by factors like digitalization, demographic transition, environmental change and globalization. Digitalization and globalization, for example, have sparked radical shifts in how we live and work. The coronavirus crisis has accelerated these beyond anything we could have imagined, as detailed in a publication by the OECD.

This paper provides perspectives into the future of work in terms of incremental and disruptive changes to the workplace. It also presents key insights and policy implications to promote sustained, inclusive, full and productive employment. The methodology employed is robust and evidence-based approach, involving an extensive literature review and an analysis of trends, innovations and disruptions. The findings point to an inclusive approach that fosters global collaboration and flexible working arrangements coupled with regenerative and lifelong learning.

Keywords: Work, Economics, Social Development, Employment, Digitalization, Demographics, Environment, Globalization, Workplace, UN Sustainable Development Goals

Suggested Citation

Akanbi, Abiodun and Durrie, Mike and Barnier, Brian and Sahdev, Navroop K., Making Work Work – For All Stakeholders (March 22, 2021). Available at SSRN: https://ssrn.com/abstract=3835983 or http://dx.doi.org/10.2139/ssrn.3835983

Abiodun Akanbi

University of Ibadan, Centre for Sustainable Development ( email )

20, Awolowo Avenue, Bodija Estate
Ibadan, Oyo 200212
Nigeria
+2348064533465 (Phone)

HOME PAGE: http://cesdev.ui.edu.ng/

Africa Circular Economy Research and Policy Network (ACERPiN) ( email )

200284
Nigeria
+2348064533465 (Phone)

HOME PAGE: http://imagesinitiatives.org/acerpin/

Mike Durrie (Contact Author)

The Digital Economist ( email )

Washington, DC
United States

Brian Barnier

Independent ( email )

Navroop K. Sahdev

Massachusetts Institute of Technology ( email )

77 Massachusetts Avenue
50 Memorial Drive
Cambridge, MA 02139-4307
United States

HOME PAGE: http://connection.mit.edu/

Centre for Blockchain Technologies, University College London ( email )

UCL Computer Science
Malet Place
London, London WC1E 6BT
United Kingdom

HOME PAGE: http://blockchain.cs.ucl.ac.uk/

Centre d'Économie de l'Université Paris-Nord ( email )

France

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