Leverage Technology Investment GFC 2024

Applying digital tools to build a digital jobs economy Technology has been instrumental in supporting the expansion of a global digital jobs economy, where platforms operate seamlessly across borders, linking workers in middle-income countries with clients and employers worldwide. Platforms like Turing from India and Workana from Argentina make it possible for skilled individuals to offer their services internationally, with digital tools enabling everything from remote collaboration to secure payment processing. This cross-border capability not only increases employment opportunities for workers in middle-income countries, but also fosters a more inclusive global labour market, allowing talent to participate in the digital economy regardless of geographic location. This brings both local and global opportunities, an example of glocalization. Several actions are key to driving good job creation through the digital economy, including: Structural transformation: Investing in suitable information and communications infrastructure as well as high-speed internet; building a robust data infrastructure that can facilitate interoperability between platforms across borders. Agency and awareness: Increasing access to technological devices and offering training in digital skills, as well as essential soft skills like virtual intelligence. Increasing awareness about tax legislation to enable workers to work remotely. Resilience: Creating agreements with unions to avoid deteriorating working conditions; incorporating systems to manage wage fairness in light of wage differentials between countries. Leveraging Technology Investment for Good Job Creation 11