Follow - Write - Create

One Min Read

16 Views

Labor, no matter how inexpensive, will become a less important asset for growth and employment expansion, with labor-intensive, process-oriented manufacturing becoming a less effective way for early-stage developing countries to enter the global economy.

Follow Me Written By

Michael Spence

Other Quote

Previous

Natural’ is a word that has become unmoored by its meanings. If you go into a vitamin shop, things are natural, and people look at that, and they think it’s good. It’s no different than any other thing you swallow.

Next

For physical goods, there are costs associated with logistics and lead times, owing to inventories and poor forecasts of the market. With digital capital-intensive technology, however, production will inevitably move toward the final market, wherever it is. This re-localization constitutes a major shift in the structure of global supply networks.

Next

May 14, 2024

For physical goods, there are costs associated with logistics and lead times, owing to inventories and poor forecasts of the market. With digital capital-intensive technology, however, production will inevitably move toward the final market, wherever it is. This re-localization constitutes a major shift in the structure of global supply networks.

Previous

May 14, 2024

Natural’ is a word that has become unmoored by its meanings. If you go into a vitamin shop, things are natural, and people look at that, and they think it’s good. It’s no different than any other thing you swallow.

No Comment! Be the first one.

Leave a Reply Cancel reply

You must be logged in to post a comment.

Related Items

I was leftwing, I am leftwing, and I will die leftwing.

Zygmunt Bauman

The risk of the Holocaust is not that it will be forgotten, but that it will be embalmed and surrounded by monuments and used to absolve all future sins.

Zygmunt Bauman

Israel is a piece of real estate that neither Jew or Arab will let go of; neither will leave these shores. And so they will have to learn to live together.

Zubin Mehta

Go to the young conductors who are not making it, and you will hear how we shouldn’t push ourselves or sell ourselves, how they don’t have the right connections and the right opportunities. Well, you can be sure they’ve had the opportunities.

Zubin Mehta