And the functioning of states is going to be affected for example, there are implications for efficiency. The education system in particular will need to change. But, the fact is that today for most people in developing countries, the knowledge economy is a possibility, the informal economy is the reality. We must build bridges between the knowledge economy and the informal economy. Use knowledge as a key to raising productivity.
Technology is a powerful instrument.
The question is whether it can be used to help take the poor out of poverty. The answer is yes if we change other policies. I think that labour standards will increasingly be part of the debate because the global economy requires a social floor. The multilateral system as a whole must examine ways of promoting basic rights without conditionality. Sometimes we can help to do this through technical cooperation.