Working Paper #2015-051
Technological change in developing countries: Trade-offs between economic, social, and environmental sustainability
Over the past years, the manufacturing sector has gone through a period
of significant technological change. Technological innovation may bring
significant socio-economic benefits and improve the environmental
prospects, but it may also pose severe challenges to the economy, human
well-being, and the environment. The aim of this paper is to review and
discuss the existing literature on the economic/social,
social/environmental, and environmental/economic trade-offs stemming
from technological change in the manufacturing sector, with a focus on
developing countries. The policy designs proposed in the literature to
minimise the trade-offs arising from technological innovation and to
achieve technology-driven sustained economic growth, social
inclusiveness and environmental sustainability are also examined.
- Keywords
-
- technological change
- developing countries
- manufacturing
- trade-offs
- growth
- social inclusiveness
- environmental sustainability
- JEL codes
-
- O11
- O13
- O14
- O15
- O33
- O38
Cite this as
APA 7th ed.Massa, I. (2015). Technological change in developing countries: Trade-offs between economic, social, and environmental sustainability (UNU-MERIT Working Paper No. 2015-051). UNU-MERIT. https://unu-merit.nl/publications/working-papers/abstract/?id=5889