Brexit is not a simple story of disruption. Policymakers in the throes of Brexit should not forget another driver of structural economic transformation: the so-called ‘Fourth Industrial Revolution’.
Analysing the two drivers of labour market disruption together demonstrates the unique challenge of reconciling future planning with handling immediate shocks. Current uncertainties must not prevent strategic scenario planning and longer-term economic re-orientation. A new era of policy activism with a ‘Future of Good Work’ focus is needed, write Nobel laureate and LSE Regius Professor Sir Christopher Pissarides, Anna Thomas from the new Institute for the Future of Work (IFOW), and IFOW Research Fellow Josh De Lyon from LSE’s Centre for Economic Performance.