Tag Archives: manufacturing

Economic costs of global warming

Climate change is considered one of the major challenges of the 21st century. While politicians and scientists at the COP23 climate change conference in Bonn are currently debating the political implications, economists have looked into the various economic consequences of … Continue reading

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Globalization’s stabilizing effect on manufacturing jobs in Germany

Recently, there has been strong interest in the decline of manufacturing in the United States. Although the share in real output has been constant since the 1960s, the share in aggregate employment has been steadily decreasing over time. A popular … Continue reading

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Mobilizing employment potentials of the service sector in manufacturing-heavy economies

Modernizing developed economies in order to remain competitive in global markets is a pressing issue when manufacturing jobs can be automated or off-shored, with the threat of many of these jobs disappearing in the nearer future. This potentially affects all … Continue reading

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Over 20 Percent Youth Joblessness and Still No Apprenticeships?

In my last post I argued for a way of reducing youth unemployment and underemployment, raising the skills and productivity of American workers, making young people productive earners as they learn, developing genuine mastery in an occupational field and increasing … Continue reading

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Why India needs manufacturing and true labor reforms

The International Monetary Fund’s recent downgrading of the growth forecast for India from 6.2% to 4.5% for 2012, which came on the heels of the decline in the actual growth rate to below 5.5% in the first half of 2012, … Continue reading

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