Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177283 
Year of Publication: 
2018
Series/Report no.: 
Economics Discussion Papers No. 2018-32
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
The Fourth Industrial Revolution (4IR) offers huge potential to transform and realign our economies and societies. There is an increasing realization that the 4IR could also exacerbate problems for people and the planet. The G20 should champion a holistic approach to the 4IR that helps to address society's environmental and social challenges. This means both mitigating unintended adverse consequences of change and maximizing positive social and environmental benefits. The G20 should explore, and recommend, governance structures and policy mechanisms to ensure governments have the agility and ability to keep pace with the 4IR, and harness innovations that promise the greatest social and environmental returns.
Subjects: 
technology
structural policy
innovation
disruption
Fourth Industrial Revolution
environment
climate change
sustainability
externalities
social change
policy
economic transformation
structural change
governance
G20
JEL: 
H11
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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