T20 TF5 Bridging the future of works: Finding common grounds for demographic dividend in developing countries and aging societies in developed countries

This session is curated by T20 Task Force 5 Lead Co-Chair Asep Suryahadi, Senior Research Fellow, SMERU Research Institute.

Changes in the global labour market can enhance inequality in the foreseeable future. There is an urgency to address and develop effective policy responses, critical to delivering the best possible solutions for today's society. The global community has urged the disposition of social dialogues between governments and social partners as a critical tool in constructing sustainable future of works in which no one is left behind. The demographic dividend in developing countries and the aging society faced by developed countries create different challenges in regard to the future of works. However, some key issues such as digitalised economy, AI advancement, informalisation of works and youth unemployment are similar for both developing and developed countries.

The previous discussions surrounding the discourse on future works have centred on four dialogues: work and society, decent jobs for all, the organisation of work and production, and work governance (ILO 2017). Built on the most current discussion on the future of works, this working session of T20 Task Force 5 on Inequality, Human Development and Wellbeing aims to bridge the divide between developing countries and developed countries in the conversation on the future of works. Also, in addressing the pressing concerns of youths worldwide, this panel will discuss how existing G20 initiatives can be leveraged to transform the global discussions into tangible results and activities for equitable future of works. It will propose ways to bridge the interests and reduce the gaps and inequality in the future of works for both developing and developed countries.