Manufacturing Transformation 2016
DOI: 10.1093/acprof:oso/9780198776987.003.0001
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The Pursuit of Industry

Abstract: This chapter looks at one of the most significant changes in the global economy over the last forty years, the shift of industry from high-income countries to developing countries. Between 1992 and 2012, the share of world manufacturing output produced by developing countries nearly doubled, rising to more than a third of global production. Growth of manufactured exports has greatly exceeded the growth of manufacturing output, and developing countries have gained world market shares in both simple and complex … Show more

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Cited by 9 publications
(12 citation statements)
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“…In 1998 the Ethiopian government launched a strategy aimed at promoting labourintensive manufactured exports (Newman et al, 2016). The current trajectory could suggest the basis for a long-term virtuous cycle of rising state welfare interventions, supported by rising productivity and a growing industrial sector, which should, in the long term, be supported by, and in turn support, growing educational enrolment and quality.…”
Section: Resultsmentioning
confidence: 99%
“…In 1998 the Ethiopian government launched a strategy aimed at promoting labourintensive manufactured exports (Newman et al, 2016). The current trajectory could suggest the basis for a long-term virtuous cycle of rising state welfare interventions, supported by rising productivity and a growing industrial sector, which should, in the long term, be supported by, and in turn support, growing educational enrolment and quality.…”
Section: Resultsmentioning
confidence: 99%
“…Nigeria too implemented economic policies with an aim to make industrial sector internationally competitive. Though these efforts had brought some acceleration in industrial growth, the manufacturing sector is still below the desired levels in these countries (Newman et al, 2016a) and faces several fundamental challenges. The high cost of credit, unreliable power supplies and rising fuel prices are stalling industrialisation in these economies (Ackah et al, 2016).…”
Section: Conclusion and Policy Implicationsmentioning
confidence: 99%
“…In 1986, at the Sixth Congress of the Vietnam Communist Party, Vietnam launched the Ðổi Mới (renovation) policy to turn a central planning subsidy economy into a socialist market economy. This included measures to stabilize the economy, develop a private sector, expand light industrial production, stimulate exportoriented growth, attract global investments, and increase agricultural production (Ljunggren 1997;T.T.A. Nguyen, Luu & Trinh 2016).…”
Section: Modernization and Industrializationmentioning
confidence: 99%
“…9 The Ðổi Mới policy led to expansion of the private sector and entrepreneurship, increased industrial and agricultural production, and foreign investments in Vietnam (T.T.A. Nguyen et al 2016;Perkins 2013). Distribution policies, however, increasingly transferred responsibilities for social protection from the state to families, which, in an echo of Engels, were construed as cells of society's anatomy and the foundation for economic prosperity (Law on Marriage and Family 2000; T. Le 1992;1999).…”
Section: Modernization and Industrializationmentioning
confidence: 99%