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Full Description
In a turbulent global economy, the popular idea of declining farms and factories is largely unfounded. UN and World Bank data show growing output everywhere, but it remains hidden by the faster-growing service sector. Engineers, programmers, surgeons, and pilots make up an increasing share of what is actually the service sector, showing that this sector is not in decline. There is no doubt that industries are shifting, but how does it all add up?
Quantifying these technology-driven shifts is fundamental, yet such publication has lagged for years, with stale ideas about what makes a healthy economy persisting since the 1940s. In this new work, Atikian gives us a freshly updated overview countering our tired assumptions about off-shoring, low wages, and industrial decline and providing us with...some fact based confidence in the economy.
Contents
Introduction 1. What Is Industrial Structure? 2. Global Status Quo 3. Speeding Up, Slowing Down 4. Power Shift East And West 5. Power Shift North and South 6. Isolated Islands 7. Farms And Factories 8. Where The Jobs Are
