Hallward-Driemeier, Mary, 1966-

Trouble in the making? : the future of manufacturing-led development / Mary Hallward-Driemeier, Gaurav Nayyar. - 1 online resource (xxi, 221 pages) : color illustrations, color maps ; 25 cm - World Bank e-Library. .

Includes bibliographical references.

Part I. The global manufacturing landscape -- 1. Why manufacturing has been important for development -- 2. The changing manufacturing landscape: trouble already brewing? -- Part II. Technology, globalization, and the future of manufacturing-led development -- 3. Trends shaping opportunities for future production -- 4. Likely impacts of trends on the feasibility and desirability of manufacturing-led development -- 5. Beyond production: the role of services -- Part III. Preparing for change: refocusing the manufacturing-led development agenda to enable new opportunities -- 6. Policy recommendations for manufacturing-led development in the future -- Conclusion: Implications for manufacturing-led development strategies.

"Technology and globalization are threatening manufacturing's traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. 'Trouble in the making?: the future of manufacturing-led development' addresses three questions: How has the global manufacturing landscape changed and why does this matter for developemnt opportunities?; How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future?; If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring?. The book examines the impacts of new technologies (i.e., the Internet of thingts, 3-D printing, and advanced robotics), rising international competition, and increased servicification of manufacturing productivity and employment. The aim is to imform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities"--Page 4 of cover.

1464811741 9781464811746

2017448128


Economic development--Effect of technological innovations on.
Income distribution--Effect of technological innovations on.
Manufacturing industries--Capital productivity.
Manufacturing industries--Technological innovations.
Manufacturing processes--Automation.

HD9720.5 / .H355 2018

658.5