Industrial Policy for the Manufacturing Revolution

Industrial Policy for the Manufacturing Revolution
Author: Patrizio Bianchi
Publisher: Edward Elgar Publishing
Total Pages: 209
Release: 2018-06-29
Genre: Business & Economics
ISBN: 1786430320

This book offers a critical reflection on the meaning and expected impact of the fourth industrial revolution, and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. A concrete illustration of this industrial policy is provided through an experience of its implementation at regional level.

U.S. Manufacturing

U.S. Manufacturing
Author: Thomas J. Duesterberg
Publisher: Bloomsbury Publishing USA
Total Pages: 264
Release: 2003-09-30
Genre: Business & Economics
ISBN: 0313093881

Evolving rapidly from a mass-produced product orientation to a flexible, solutions-oriented model, the changing manufacturing sector is poised to lead a global economic recovery. Truly an insider's guide to the future of this critical sector, this book provides policy recommendations based on a wealth of information. Despite the appearance of difficult economic times for U.S. manufacturing, that sector of the American economy is actually the most innovative and competitive in the world. Far from being confined to the tired stereotype of Industrial Age commodities, such as steel and mass-produced consumer products, U.S. manufacturing has long been an engine for growth. In the 1990s, this central role was strengthened as new technology development and application spurred higher levels of growth throughout the economy. In its present configuration, manufacturing includes such high-tech industries as fiberoptics and microchips. Globalization has accelerated the growth of the manufacturing sector by increasing competitive pressures to cut costs and develop new products faster, spreading out the fixed costs of R&D and investment. Truly an insider's guide to the future of this critical sector, this book provides policy recommendations based on a wealth of information. Evolving rapidly from a mass-produced product orientation to a flexible, solutions-oriented model, the changing manufacturing sector is poised to lead a global economic recovery. But it can do so only if the right policies are in place in the United States. To that end, the editors of this volume recommend fiscal and tort reform, higher educational achievement, and continued deregulation. At the international level, further trade liberalization and steps to reduce the trade deficit are recommended to ensure the staying power of U.S. competitiveness, particularly for technology-intensive industries.

The New Industrial World

The New Industrial World
Author: LIVIO. TRAU ROMANO (FABRIZIO.)
Publisher: Oxford University Press
Total Pages: 209
Release: 2024-03-08
Genre: Business & Economics
ISBN: 0192873733

Romano and TraÃ1 analyse industrial development focussing upon the spreading of manufacturing activities beyond the boundaries of the advanced economies. They explain how this event has completely changed the nature of the relationship between the 'North' and the 'South' of the world linking them together on productive grounds.

Global Production

Global Production
Author: Eberhard Abele
Publisher: Springer Science & Business Media
Total Pages: 410
Release: 2008-01-26
Genre: Business & Economics
ISBN: 354071653X

Global production and purchasing operations create a platform for entry into new markets. However, it takes considerable effort to plan and implement a sustainable globalization strategy; this book will help in that task. The wealth of experience and analysis featured in this book is the result of an extensive survey among leading manufacturing companies as well as countless discussions with executives who have personally wrestled with the issues of "going global." The book treats the whole range of management challenges. In breadth and depth, the insights it offers surpass what a manager or most individual companies could acquire on their own.

Surviving Supply Chain Integration

Surviving Supply Chain Integration
Author: National Research Council
Publisher: National Academies Press
Total Pages: 162
Release: 2000-03-23
Genre: Technology & Engineering
ISBN: 0309173418

The managed flow of goods and information from raw material to final sale also known as a "supply chain" affects everythingâ€"from the U.S. gross domestic product to where you can buy your jeans. The nature of a company's supply chain has a significant effect on its success or failureâ€"as in the success of Dell Computer's make-to-order system and the failure of General Motor's vertical integration during the 1998 United Auto Workers strike. Supply Chain Integration looks at this crucial component of business at a time when product design, manufacture, and delivery are changing radically and globally. This book explores the benefits of continuously improving the relationship between the firm, its suppliers, and its customers to ensure the highest added value. This book identifies the state-of-the-art developments that contribute to the success of vertical tiers of suppliers and relates these developments to the capabilities that small and medium-sized manufacturers must have to be viable participants in this system. Strategies for attaining these capabilities through manufacturing extension centers and other technical assistance providers at the national, state, and local level are suggested. This book identifies action steps for small and medium-sized manufacturersâ€"the "seed corn" of business start-up and developmentâ€"to improve supply chain management. The book examines supply chain models from consultant firms, universities, manufacturers, and associations. Topics include the roles of suppliers and other supply chain participants, the rise of outsourcing, the importance of information management, the natural tension between buyer and seller, sources of assistance to small and medium-sized firms, and a host of other issues. Supply Chain Integration will be of interest to industry policymakers, economists, researchers, business leaders, and forward-thinking executives.

Social Justice in the Globalization of Production

Social Justice in the Globalization of Production
Author: Md Saidul Islam
Publisher: Springer
Total Pages: 347
Release: 2016-01-26
Genre: Political Science
ISBN: 1137434015

Md Saidul Islam and Md Ismail Hossain investigate how neoliberal globalization generates unique conditions, contradictions, and confrontations in labor, gender and environmental relations; and how a broader global social justice can mitigate the tensions and improve the conditions.

Trouble in the Making?

Trouble in the Making?
Author: Mary Hallward-Driemeier
Publisher: World Bank Publications
Total Pages: 288
Release: 2017-10-12
Genre: Business & Economics
ISBN: 1464811938

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 development 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 Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform 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. www.worldbank.org/futureofmanufacturing

Territory, specialization and globalization in European Manufacturing

Territory, specialization and globalization in European Manufacturing
Author: Helena Marques
Publisher: Routledge
Total Pages: 326
Release: 2010-10-04
Genre: Business & Economics
ISBN: 1136922733

Although traditional manufacturing (textiles, clothing, footwear, furniture, etc) has been in decline in developed countries, it still represents an important part of European employment due to its labour-intensive character. Moreover, its geographical concentration particularly exposes certain regions of Europe to job loss as the industry declines. This book provides an explanation for the differences observed in the impact of globalization which is based on the influence of the territory and of the production specialization of the firms. The conclusions presented in the book are withdrawn from a detailed study of the Spanish textile-clothing sector. The book highlights the intensity of the relationship between the organizational model of the territory where the firms are located (high concentration of interrelated firms in a well-defined geographical area called "industrial district"), the specialization strategy implemented and the globalization of the economy. It also suggests the need to consider those factors as interdependent determinants of firm performance, particularly given the current trend for firms to simultaneously concentrate geographically and multilocalize domestically and internationally. The proposed methodology of analysis can be used to study other manufacturing sectors in other European countries.

Growth in a Time of Change

Growth in a Time of Change
Author: Hyeon-Wook Kim
Publisher: Brookings Institution Press
Total Pages: 376
Release: 2020-02-25
Genre: Business & Economics
ISBN: 0815737769

Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.