1945

Manufacturing value added and employment

The annual growth of global manufacturing value added (MVA) slowed from 4.3 per cent between 1995 and 2000 to 2.6 per cent between 2000 and 2005. During the period 2000-2005, world MVA reached $6,537 billion. The lack of dynamism in the aggregate masks massive changes in its composition. These changes are the subject of this chapter.

Related Subject(s): Economic and Social Development
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