Remote working is the undisputed champion of the past year, allowing more room for work-life balance, expanded job opportunities and more.
However, the impact of this arrangement is still uncertain as its wide adoption is still in the early stages. With technology transforming society as a whole, it’s clear that these changes will echo beyond the workplace and redefine urbanization.
Remote working has been a critical reason why more people are shifting to underdeveloped countries with a lower cost of living, allowing these areas to experience their own growth.
Thanks to advanced internet connection and the increasingly distributed workforce, cities can be transformed to focus on being remote working havens, thus boosting their economy.
Although the health crisis has had a devastating impact on many developing countries, remote working actually opens the opportunity for more citizens to be able to work safely from their homes, boost their income and overall improve their standard of living
Since remote working eliminates the need for travel and more professional clothing expenses, people can actually use the money they are saving towards the economy and help enhance their quality of life. Even more, people have more access to better paid, remote opportunities for that they may not have had prior to the pandemic.