2024: The FAR, Federal Acquisition Regulations - Part 27
The Future of Work: Preparing for Disruption
1. The Future of
Work:
preparing for
disruption Proposed solution which
can convey how the nature of work
is changing and what the
Argentine Government can do to
prepare and support its
workforces
3. If automation pushes up the cost
of distorting labor markets, the
Government should:
• Invest from an early age in the
education the jobs of the future
need.
• make reforms in social security
so that those displaced by
machines can have time to
prepare and re-enter the labor
market.
• rethink policies that deter job
creation, and emphasize
policies that protect the
vulnerable while still
encouraging employment.
5. Significant gaps in Human Capital persist
across the world, gaps that hurt the future
productivity of workers and future
competitiveness of economies, that´s why
the Government should :
• Better measurement also increases
policy makers’ awareness of the
importance of investing in human
capital.
• Invest in education and health, and
financing to ensure equitable access
to opportunities and as regulators of
accreditation and quality control of
private providers.
• Seek policy guidance in the World
Bank´s HC Project for incentives and
better investments in Human capital.
7. Skills development for the
changing nature of work is a
matter of lifelong learning, so the
Government should:
• Early invest in nutrition, health,
social protection, and education
to lay strong foundations for the
future acquisition of cognitive
and sociobehavioral skills.
• Incorporate more general
education in tertiary programs
to increase the acquisition of
transferable higher-order
cognitive skills
• Promote adult learning aimed at
supplying workers who are not
in school or in jobs, with new or
updated skills.
9. To deal with the risks associated with current and future labor markets, the
Government should:
• Raise the returns to work by
increasing formal jobs for the poor,
enabling women’s economic
participation, and expanding
agricultural productivity in rural areas.
Formal jobs create more learning
opportunities. Empowering women
will raise the stock of human capital in
the economy. And expanding
agricultural productivity in rural areas
will provide better work opportunities
for the poor. Jobs that generate and
build skills will prepare workers for the
future.
• Rethink social protection systems and
labor regulations, as they were
designed with industrial-era
economies in mind and at a time
when informality wasn´t the norm.
Social assistance should be
enhanced, including through a
guaranteed social minimum. An
Universal Basic Income (UBI) pilot
program could be tried. As more
investments are made in social
protection, a balanced approach to
labor market regulations could meet
productivity and equity goals more
effectively.