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The Impact of Changing Technology on Employment in Yugoslavia

  • Nikola CobeljiĆ

Abstract

IN this paper we shall employ a dynamic concept of advanced technology. Advanced technology should be considered differently in different stages of economic development. Different types of technology correspond to different stages of development. In the initial stage of industrialization and during the long period required for the development of a large engineering industry, mechanization — the replacement of manual labour by machines — represents the basic type of technical progress. A whole epoch of economic development is characterized by this type of technical progress. The criteria of advanced technology, however, are constantly changing, so that, in the mature stage of industrialization, the technology of production is evolving more and more into a system of automation. Advanced technology also has national criteria. By advanced technology we mean that technology which, though not necessarily the highest in the world, is on a considerably higher level than the prevalent national standards.

Keywords

Technological Change Technical Progress Socialist Economy Socialist Country Agricultural Labour 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes and References

  1. 3.
    W. A. Eltis, ‘Investment, Technical Progress and Economic Growth’, Oxford Economic Papers No. 1, March 1963, pp. 33–34.Google Scholar

Copyright information

© International Institute for Labour Studies 1966

Authors and Affiliations

  • Nikola CobeljiĆ

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