Manufacturing (still) matters: why the decline of Australian manufacturing is not inevitable, and what government can do about it

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Author: Stanford, Jim


The problems in Australia's manufacturing sector are well-known, and many Australians have concluded that the decline in manufacturing is inevitable and universal: that high-wage countries like Australia must accept the loss of manufacturing as an economic reality. But international statistics disprove this pessimism. Worldwide, manufacturing is growing, not shrinking, including in many advanced high-wage countries. Australians are purchasing more manufactured products, not less. Manufacturing is not an 'old' industry: it is in fact the most innovation-intensive sector of the entire...  [+] Show more

Subjects: Industry; Statistics; Income

Keywords: Future; Government role; Data analysis; Comparative analysis; Opinion

Geographic subjects: Australia; Oceania

Published: Canberra, Australian Capital Territory: Centre for Future Work, Australia Institute, 2016

Physical description: 15 p.

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Resource type: Paper

Call number: TD/TNC 129.1027

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