1887

Industrial Development Report 2013

Sustaining Employment Growth - The Role of Manufacturing and Structural Change

image of Industrial Development Report 2013

The Industrial Development Report 2013 examines the role of structural change and employment and explores the underlying drivers of structural change in manufacturing. While manufacturing employment is growing in developing countries, its decrease in developed countries is being mitigated by the rise in manufacturing-related services employment. The food and beverages and textiles and garments industries offer least developed countries tremendous potential for industrialization, whereas high-tech industries hold numerous opportunities for developed countries to invest and innovate and to thus sustain jobs. The impact of the critical drivers of structural change and industrialization—namely costs, technology, demand and resource efficiency—to sustain employment hinges on the industrial policies adopted. These must therefore be geared towards the structural transformation of the economy and will only be effective if the policy-making process plays as important a role as the policy content.

English

.

Trends in manufacturing value added

Since the start of this century industrializing economies have accounted for a growing share of the world’s manufacturing value added (MVA). This trend is as much the result of a gradual shift of production from industrialized to industrializing countries to benefit from cheaper labour, largely improved infrastructure and lower social costs, as it is a reflection of the growth of industrializing countries’ domestic markets for industrial goods due to higher incomes and a fast-rising middle class.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error