Following the assessment of the impact of technological progress, trade and globalisation on skills, employment, inequalities in income and wages and on labour mobility and migration in the EU, realistic and accurate projections into the future on the combined effects of technological progress and globalisation are needed to prepare our economies, societies and policies for what is to come and to build up capacities for influencing these changes.
Proposals should first measure impact of technological progress, trade and globalisation on skills, employment, inequalities in income and wages and on labour mobility and migration in the EU. It should then project how the interactions between technological change and globalisation will transform the current EU and international structure of labour markets and trade in commodities and services in existing and emerging sectors and their impact on income distribution and social inequalities. Particular attention should be paid to skill-biased, capital-biased, talent-biased and gender biased technical change and to possible trajectories for low-skilled work in the European and international context. The analysis should take into account the evolution of the processes through which technological change is integrated in the human world. This includes economic, institutional, political and socio-cultural contexts, needs and obstacles. The future volume and quality of work should be addressed in relation to skills, education, development, migration and mobility, demographic changes and the analysis of economic convergence and divergence within Europe and with the rest of the world. The challenges of competition, cooperation or conflict with emerging and developing countries need to be be considered. Both demand and supply side issues, including global value chains, off -shoring and their distributive effects, should be addressed in this topic.