Cost and supply-side structural change drivers

This chapter looks at five main supply-side drivers of structural change in manufacturing: wages, skills, technological change, industrial organization and the overall business environment. Figure 4.1 shows the main supply and external demand drivers discussed in this and the following chapters. The list is by no means exhaustive, and not all the possible combinations of interactions have been included, due to a limited availability of evidence, but some of the key drivers of structural change and their interrelationships are discussed here.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure