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The Changing Face of Global Manufacturing

3/11/2014
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The global picture of manufacturing

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Some manufacturing production is shifting away from mature developed regions like North America and Western Europe towards emerging regions with lower costs. The five countries with the highest percentage of their total employed population in manufacturing in 2013 are all emerging, including Taiwan and Slovenia. Asia dominates production, with 55.1% of total global manufacturing in 2013, yet complex manufacturing typically remains in developed regions, despite high wages.

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