1945

Implications for industrial development

The preceding four chapters described the key structural changes taking place in industrial production, production locations and markets that are shaping the opportunities and challenges faced by developing countries as they seek to industrialize. This chapter looks at the implications of those trends for the two groups of countries that emerge from that analysis as particularly at risk: low-income countries that have so far failed to break into global markets for manufactured exports—countries of the bottom billion—and slow-growing middle income countries that are increasingly losing ground in global markets for industrial goods.

Related Subject(s): Economic and Social Development
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