World Trade Report 2017

Trade, Technology and Jobs

image of World Trade Report 2017

The 2017 World Trade Report examines how technology and trade affect employment and wages. It analyses the challenges for workers and firms in adjusting to changes in labour markets, and how governments can facilitate such adjustment to ensure that trade and technology are inclusive.

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Economic progress involves economic disruption, and there has always been an inherent and unavoidable trade-off between the benefits of growth, on the one hand, and the cost of adjustment, on the other. Today is no exception. The expansion of the global economy – spurred by technological advances and market opening – is enhancing the welfare and improving the living conditions of billions of people around the world. But it is also resulting in economic change, displacement and disruption – creating enormous pressure for individuals and societies to adjust and adapt if they are to keep up with, and share in the benefits of, economic progress.

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