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Entries tagged with ‘employment’
In the late 60s and early 70s there was greater attention to the links between technical change and employment. This was evidenced in several reports in which Hans Singer was involved, especially the later 1972 Mission Report to Kenya for the International Labour Organisation, conducted by Hans Singer, Richard Jolly, and Charles Cooper, which highlighted technical change and the application of ‘modern’ capital intensive technology as an important factor in unemployment and underemployment, and from whence came the ‘distribution with growth’ theory. This was embraced in a speech by World Bank president Robert MacNamara to the Bank’s Governors in Nairobi. The speech was followed by the Bank’s landmark change in policy, “Redistribution with Growth”.