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The economics of a robot workforce

development profile

Country Y

Consider the economic data provided below and see if you can use them to identify Country Y

Figure 1 Trends in the human development index

Country Y is classified as a lower-middle income country according to its GNI per capita (measured by the World Bank Atlas method). In terms of its human development indicator (HDI), Country Y is in the lower range of the ‘medium’ human development category, ranked at 146 in the world.

Figure 1 shows how the HDI has changed over time, showing that human development fell during the 1990s, improved in the 2000s, but then stalled somewhat.

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The economics of a robot workforce

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