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Robots and artificial intelligence (AI) are powerful forces that will likely have large impacts on the size, direction, and composition of international trade flows. This book discusses how industrial robots, automation, and AI affect international growth, trade, productivity, employment, wages, and welfare. The book explains new approaches on how robots and artificial intelligence affect the world economy by presenting detailed theoretical framework and country-specific as well as firm-product level-specific exercises.This book will be a useful reference for those researching on robots, automation, AI and their economic impacts on trade, industry, and employment.The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

This book analyzes various important aspects of methodology and substance regarding economic, social, and political policy in Latin America directed toward achieving more effective, efficient, and equitable societal institutions. The chapters are authored by experts from within Latin America and also from Latin America research institutes elsewhere. The book combines practical policy significance with insightful causal and prescriptive generalizations. The emphasis is on the role of governmental decision-making and the important (but secondary) role of the marketplace, social groups, and engineering.