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If as countries get richer they start to expand manufacturing & services, but then when (even) richer start to see a shift towards an emphasis on services, what does that mean for rich countries that currently still have large manufacturing sectors (like Germany for instance).

A structural account would suggest they will (too) pivot towards services, while those countries (held) in a poorer economic situation will continue to produce any goods we need....

1/2 (short thread)

#trade
Chart: The shift of jobs from agriculture to manufactures and, far more so, to services in quite general. Employment shares vs. GDP per head for a sample of 42 countries 1960-2011 

Shows as countries get richer agricultural employment tumbles....while manufacturing employment rises then falls as countries get even richer, while services employment continues to rise....

But there is a productivity issue here.... see post 2/2