Manufacturing – the next era of global growth

The McKinsey Global Institute has issued a report proving that manufacturing contributes disproportionately to exports, innovation and productivity growth.

Sweet music in our ears as this clearly counters a common belief that we in the Western world should accept that manufacturing moves to low-cost countries and that we should focus on innovation, development and service industries.

But without manufacturing no innovation – industries and countries cannot just simply decouple R&D from manufacturing. The two go together.

Read the full McKinsey report on:

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