{"id":17560,"date":"2022-04-21T07:19:22","date_gmt":"2022-04-21T05:19:22","guid":{"rendered":"https:\/\/francescoeconomy.org\/tech-for-good-the-role-of-technology-in-a-new-economic-paradigm\/"},"modified":"2022-04-21T07:20:10","modified_gmt":"2022-04-21T05:20:10","slug":"tech-for-good-the-role-of-technology-in-a-new-economic-paradigm","status":"publish","type":"post","link":"https:\/\/francescoeconomy.org\/it\/tech-for-good-the-role-of-technology-in-a-new-economic-paradigm\/","title":{"rendered":"Tech for Good: the role of technology in a new economic paradigm"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"1006\" height=\"1004\" title=\"Pacar School Project\" src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project.png\" data-orig-src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project.png\" alt class=\"lazyload img-responsive wp-image-17538\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271006%27%20height%3D%271004%27%20viewBox%3D%270%200%201006%201004%27%3E%3Crect%20width%3D%271006%27%20height%3D%271004%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project-200x200.png 200w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project-400x399.png 400w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project-600x599.png 600w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project-800x798.png 800w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-Project.png 1006w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 720px) 100vw, (max-width: 640px) 100vw, 600px\" \/><\/span><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><h1>Tech for Good: the role of technology in a new economic paradigm<\/h1>\n<p>By Tatiana Fleming and Luca Campanella<\/p>\n<h3><strong>The new architecture of the paradigm imposes policies that find solutions for the crossroads we are living. So, the technology can be used as a foundation for economic development.\u00a0\u00a0<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Since 1980 there have been changes in the technological and economic paradigm, such as the emergence of global value chains, the intensification of Foreign Direct Investment in some economies and the creation of the network company (CASTELLS, 2020).\u00a0<\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-2\"><p><span style=\"font-weight: 400;\">The industries that developed high technology stood out, but the neoliberal mentality in policymakers emerged with force and threatened the potential for state investment. <\/span><span style=\"font-weight: 400;\">There was an increase in income inequality, and growing poverty and many countries declared a moratorium on foreign debt, such as Mexico, Argentina and Brazil.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the paradigm has changed. The economic conjuncture in the world after the 2008 crisis has been defining a new reality of the international capitalist system. The second decade of the 21st century brought back the great national policies of industrial development. The fall in the growth rate of international trade after the crisis and the generalized decrease in the rate of profit of industrial activities added to the speed with which Chinese capital has launched itself to the purchase of companies in other countries has led to a resurgence of economic policies of a nationalist nature, at least in the sense of sophistication of the complex and the defense of national companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, we can delimit two phases of the techno-economic paradigm: the phase from 1980 until 2008 and the phase from 2008 onwards. In both phases of the production-technological system, the role of states is important, as they influence the technological development of each country in the face of the technological frontier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the first stage, the paradigm is marked by watertight structures. In this phase, the protagonism of foreign direct capital in national policies is key to understanding the technological and economic paradigm. In this way, the global production chains were commanded by the large corporations or network companies (CHESNAIS, 1995), which had their headquarters in their countries but were active in other national markets. So, there was the predominance of the multidomestic strategy (PORTER, 1986) of production that had little intersectionality.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The phase of the tight paradigm is marked by numerous changes, which are related to the third industrial revolution. <\/span><span style=\"font-weight: 400;\">That period of technological transformation <\/span><span style=\"font-weight: 400;\">was already very mature in the 1980s in developed countries, because of the advance of technologies such as robotics, genetics, information technology, telecommunications, electronics, etc. The point is that the technological absorption between developed countries and the rest of the world is very uneven. And this can be explained, among other factors, by political-institutional elements. The change from the Keynesian consensus to the neo-liberal offensive is key to understanding the economic and technological imbalance, causing increased poverty in regions such as Latin America.<\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-2 hover-type-none\"><img decoding=\"async\" width=\"1006\" height=\"1006\" title=\"Pacar School 2\" src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2.png\" data-orig-src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2.png\" alt class=\"lazyload img-responsive wp-image-17543\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271006%27%20height%3D%271006%27%20viewBox%3D%270%200%201006%201006%27%3E%3Crect%20width%3D%271006%27%20height%3D%271006%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2-200x200.png 200w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2-400x400.png 400w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2-600x600.png 600w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2-800x800.png 800w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/Pacar-School-2.png 1006w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 720px) 100vw, (max-width: 640px) 100vw, 600px\" \/><\/span><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-3\"><p><span style=\"font-weight: 400;\">The concentration of capital is not something new, but it has strongly taken place since the 2008 crisis. There had been a number of changes in international trade: less trade between regions and more trade within regions. And there is a broad debate emerging that talks about deglobalization. In this scenario, the monetary policies of the countries stopped the devaluation of financial assets by buying assets. In other words, the main Central Banks in the world implemented an expansionary monetary policy because market agents were afraid of the future (increase in asset sales, search for liquidity). This was very efficient to defend the price of assets in the financial market (there was no fall, there was no crisis in the stock markets), but it was not enough to resume economic activity. This liquidity of the financial markets did not reach companies or people, i.e., there is no effective demand flow, but money hoarding in the financial markets. Money entered the companies only as speculation, not as a real investment (capable of creating income and jobs). This happened because there was a low expectation of demand, so the lethargy of the economy remained.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The increase in precarious labor due to the flexibilizations of labor laws since the 1980s reflects a greater fragility of demand. These precarious workers have no liquidity, so they use credit to get into debt and consume. It is important to say that consumption itself is not the same thing as effective demand.\u00a0<\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-4\"><p><span style=\"font-weight: 400;\">Effective demand is generated by government investments or by companies that create quality jobs, invest in new technologies, in cutting-edge education, and in train the workforce. So, this improves the welfare of society and leads to consumption, savings, and investment<\/span>.<\/p>\n<\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"align-self: center;margin-left: auto;margin-right: auto;flex-grow:1;margin-bottom:10px;width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#22325e;border-color:#22325e;border-top-width:2px;\"><\/div><\/div><div class=\"fusion-text fusion-text-5\" style=\"--awb-font-size:20px;--awb-line-height:1;--awb-letter-spacing:0px;--awb-text-font-family:&quot;Antic&quot;;--awb-text-font-style:normal;--awb-text-font-weight:400;\"><p style=\"text-align: center;\"><span style=\"color: #003366;\"><em><strong>The phase of the tight paradigm is marked by numerous changes, which are related to the third industrial revolution.<\/strong><\/em><\/span><\/p>\n<\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"align-self: center;margin-left: auto;margin-right: auto;flex-grow:1;margin-bottom:10px;width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#22325e;border-color:#22325e;border-top-width:2px;\"><\/div><\/div><div class=\"fusion-text fusion-text-6\"><p><span style=\"font-weight: 400;\">The new economic paradigm raises several questions about the role of 4.0 technologies in the world:<\/span><span style=\"font-weight: 400;\"> (1) What role does technology 4.0 play in the current economic paradigm? (2) What is its impact on the creation of effective demand? (3) How can States and companies invest in technology 4.0 in order to reduce labor precariousness around the world? (4) What is the role of economic and technological policies for the best performance of 4.0 technologies in the economic development of all countries?<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In this dynamic, the 4.0 technologies emerge in developed countries converging technological efforts. Unlike other industrial revolutions, the 4.0 has features that converge sectors of the economy. The goal of 4.0 technologies is to increase production efficiency from the integrated control of production processes, reducing the outsourcing process of large companies. Other characteristics of 4.0 technologies are increased energy efficiency and greater environmental sustainability, strong labor-saving bias and promotion of productive reintegration of part of the global value chains (DACHS; ZANKER, 2015). Basically, the new paradigm is generating a geographic fracture of what was the effective demand circuit and the systemic efficiency gains have their good and bad sides. While they are guided by the &#8220;Green Imperative,&#8221; they cause peripheral economies to lose competitiveness, which enforces a significant political problem for this set of countries.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The opportunities of Industry 4.0 for the future of effective demand is justified by the synergy that 4.0 technologies are able to make with each other. The guiding principle of the list of technologies considered as key to the Fourth Industrial Revolution is based on the high complementarity. The convergences of technologies are discussed in several reports, such as Manyika et al. (2012, 2017). These reports show that the evolution of automation from the fusion of robotics, artificial intelligence, and Big Data processing will be a major conditioner of the labor market and an opportunity for creating effective demand. Some examples of this impact are:<\/span>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Small business may be faster in adopting AI<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Wealth (in big companies and in advanced nations) may increase so significantly that redistribution happens out of the will of the benefitted actors. (<\/span><a href=\"https:\/\/www.mckinsey.com\/featured-insights\/artificial-intelligence\/notes-from-the-ai-frontier-modeling-the-impact-of-ai-on-the-world-economy\"><span style=\"font-weight: 400;\">Anton Korinek<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; Positive vision) In turn, redistribution may create effective demand.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Tasks that previously required high education may be automated, allowing even lower-educated countries to have access to such tasks and technologies. For example, automated farming may significantly increase the yield of some African countries or AI applied to medicine may significantly reduce the requirements and costs of health care in low-wage countries.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The virtualization of many jobs or tasks may significantly reduce the entry barrier of some economies, which no longer need physical infrastructure other than an internet connection to access global job markets. Examples of remote jobs could be IT programmers, content creators, teachers etc. AI can play an increasingly significant role in matching workers with their world-wide employers. Automated translations may play a similar role.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The distributed nature of some of these technologies and platforms (e.g. YouTube) may lead to redistribution of wealth to single actors.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">e-payments or even blockchain technologies may enable easy and trustable payments in low-tech countries, allowing to develop local markets.\u00a0<\/span><\/li>\n<\/ol>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">We need more articulation between the public and private sectors in the gestation of public policy agendas aimed at innovation. These innovation policies must be articulated with other macroeconomic, international trade, monetary, and fiscal policies. For this, the active role of the intelligent state or entrepreneurial state is a sine qua non condition, as Mazzucato (2014) states. We are seeing major international bodies, like IMF (HORTON; <\/span><a href=\"https:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/basics\/fiscpol.htm#author\"><span style=\"font-weight: 400;\">EL-GANAINY<\/span><\/a><span style=\"font-weight: 400;\">, 2020), saying that we need more than monetary policy to overcome the problems of the new paradigm. We need central governments to step in to reactivate the economy and to regulate and democratize 4.0 technologies. Even with low interest rates, nobody is really going to invest unless there is an expectation of growing demand. Small and medium-sized companies are not going to buy new machines, invest in 4.0 technologies and hire qualified professionals if they don&#8217;t think they will find demand in the future. This absence of effective demand, which is fractured, distributed throughout the world, is what is making it difficult for economies to reactivate.\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Lastly, despite the benefits of 4.0 technologies and the opportunities to create jobs, It will be difficult to reach a good solution without having a level of international articulation, be it for monetary policy or for fiscal policy. This new architecture of the paradigm imposes policies that find solutions for the crossroads we are living. So, the technology can be used as a foundation for economic development.\u00a0\u00a0<\/span><\/p>\n<\/div><div class=\"fusion-text fusion-text-7\"><p><span style=\"color: #808080;\"><strong>References<\/strong><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #808080;\">CASTELLS, Manuel. The contours of the network society. foresight, 2000.<\/span><\/p>\n<p><span style=\"color: #808080;\"><span style=\"font-weight: 400;\">CHESNAIS, Fran\u00e7ois. A globaliza\u00e7\u00e3o e o curso do capitalismo de fim-de-s\u00e9culo.<\/span><i><span style=\"font-weight: 400;\"> Economia e sociedade<\/span><\/i><span style=\"font-weight: 400;\">, v. 4, n. 2, p. 1-30, 1995.<\/span><\/span><\/p>\n<p><span style=\"color: #808080;\"><span style=\"font-weight: 400;\">DACHS,\u00a0 B.;\u00a0 ZANKER,\u00a0 C.\u00a0 Backshoring of production activities in\u00a0 European <\/span><span style=\"font-weight: 400;\">manufacturing. <\/span><i><span style=\"font-weight: 400;\">MPRA Paper<\/span><\/i><span style=\"font-weight: 400;\">: Munich, n.63868, 2015.<\/span><\/span><\/p>\n<p><span style=\"color: #808080;\"><a style=\"color: #808080;\" href=\"https:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/basics\/fiscpol.htm#author\"><span style=\"font-weight: 400;\">HORTON, Mark; EL-GANAINY, Asmaa<\/span><\/a><span style=\"font-weight: 400;\">. Fiscal Policy: Taking and Giving Away. <\/span><i><span style=\"font-weight: 400;\">International Monetary Fund.<\/span><\/i><span style=\"font-weight: 400;\"> 2020. Available at: <\/span><a style=\"color: #808080;\" href=\"https:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/basics\/fiscpol.htm\"><span style=\"font-weight: 400;\">https:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/basics\/fiscpol.htm<\/span><\/a><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #808080;\">MANYIKA, J.et al. A future that works: automation, employment, and productivity. New York: Mckinsey &amp; Company, 2017.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #808080;\">MANYIKA,\u00a0 J. et\u00a0 al. Manufacturing\u00a0 the\u00a0 future:\u00a0 the\u00a0 next\u00a0 era\u00a0 of\u00a0 global\u00a0 growth\u00a0 and innovation. New York: Mckinsey &amp; Company, 2012.<\/span><\/p>\n<p><span style=\"color: #808080;\"><span style=\"font-weight: 400;\">MAZZUCATO, Mariana. <\/span><i><span style=\"font-weight: 400;\">O estado empreendedor: desmascarando o mito do setor p\u00fablico vs. setor privado<\/span><\/i><span style=\"font-weight: 400;\">. Portfolio-Penguin, 2014.<\/span><\/span><\/p>\n<p><span style=\"color: #808080;\"><span style=\"font-weight: 400;\">PORTER, Michael E. Changing patterns of international competition.<\/span><i><span style=\"font-weight: 400;\"> California management review<\/span><\/i><span style=\"font-weight: 400;\">, v. 28, n. 2, p. 9-40, 1986.<\/span><\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-6 fusion_builder_column_1_4 1_4 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:25%;--awb-margin-top-large:0px;--awb-spacing-right-large:7.68%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:7.68%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"text-align:right;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-3 hover-type-none\"><img decoding=\"async\" width=\"1024\" height=\"1024\" title=\"EoF POSTS (6)\" src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6.png\" data-orig-src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6-1024x1024.png\" alt class=\"lazyload img-responsive wp-image-17549\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271080%27%20height%3D%271080%27%20viewBox%3D%270%200%201080%201080%27%3E%3Crect%20width%3D%271080%27%20height%3D%271080%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6-200x200.png 200w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6-400x400.png 400w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6-600x600.png 600w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6-800x800.png 800w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-6.png 1080w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 720px) 100vw, (max-width: 640px) 100vw, 400px\" \/><\/span><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-7 fusion_builder_column_1_4 1_4 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:25%;--awb-margin-top-large:60px;--awb-spacing-right-large:7.68%;--awb-margin-bottom-large:60px;--awb-spacing-left-large:7.68%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-8\"><p><span style=\"color: #003366;\"><strong>TATIANA FLEMING<\/strong><\/span><\/p>\n<p><span style=\"color: #003366;\">born in Brazil, is a master&#8217;s student at the Institute of Economics, University of Campinas (DeepMind fellow). B.A. in Economics from the Federal University of Juiz de Fora with an exchange program at the University of \u00c9vora\/Portugal (scholarship holder from the Directorate of International Relations &#8211; UFJF). Post-graduate in Business Intelligence from the Pontifical Catholic University of Rio de Janeiro (PUC-Rio) and specialist in Business Strategy and Marketing Management from the Fondazione CUOA\/Italy.\u00a0<\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-8 fusion_builder_column_1_4 1_4 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:25%;--awb-margin-top-large:0px;--awb-spacing-right-large:7.68%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:7.68%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"text-align:right;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-4 hover-type-none\"><img decoding=\"async\" width=\"1024\" height=\"1024\" title=\"EoF POSTS (7)\" src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7.png\" data-orig-src=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7-1024x1024.png\" alt class=\"lazyload img-responsive wp-image-17552\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271080%27%20height%3D%271080%27%20viewBox%3D%270%200%201080%201080%27%3E%3Crect%20width%3D%271080%27%20height%3D%271080%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7-200x200.png 200w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7-400x400.png 400w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7-600x600.png 600w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7-800x800.png 800w, https:\/\/francescoeconomy.org\/wp-content\/uploads\/2022\/04\/EoF-POSTS-7.png 1080w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 720px) 100vw, (max-width: 640px) 100vw, 400px\" \/><\/span><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-9 fusion_builder_column_1_4 1_4 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:25%;--awb-margin-top-large:60px;--awb-spacing-right-large:7.68%;--awb-margin-bottom-large:60px;--awb-spacing-left-large:7.68%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-9\"><p><span style=\"color: #003366;\"><strong>LUCA CAMPANELLA<\/strong><\/span><\/p>\n<p><span style=\"color: #003366;\">born in Italy, received his master&#8217;s degree in computer science from the Swiss Federal Institute of Technology in Zurich (ETH), where he has been a research assistant in the field of artificial intelligence applied to written text (NLP). He currently works as an AI engineer for a startup in Zurich. <\/span><span style=\"color: #003366;\">As part of the Economy of Francesco, he co-founded the Pacarschool project to teach computer science courses to high school students in Zambia, Africa.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The new architecture of the paradigm imposes policies that find solutions for the crossroads we are living. So, the technology can be used as a foundation for economic development.\u00a0\u00a0<\/p>\n","protected":false},"author":3,"featured_media":17555,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[366,373],"tags":[],"class_list":["post-17560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eof-proview-it","category-misscellaneous-proview-it"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tech for Good: the role of technology in a new economic paradigm | The Economy of Francesco<\/title>\n<meta name=\"description\" content=\"The new architecture of the paradigm imposes policies that find solutions for the crossroads we are living. 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