1945

Industrial trends: Manufacturing value added, employment, prices, exports and energy intensity

Part A of this report identifies several key trends. One is that manufacturing is the major provider of new goods, which become affordable as a result of rapid productivity gains and a steady decline in their relative prices. Another is that manufacturing exports are key to promoting broad-based economic growth. Part A also stresses the importance of moving consumption patterns towards environmental goods, rendering the virtuous circle of consumption environmentally sustainable. One way of doing so is to increase energy efficiency in manufacturing, something that is happening across country groups.

Related Subject(s): Economic and Social Development
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