Big forces are reshaping the world of manufacturing
Add to that another 1.8 billion consumers who will join the global marketplace
in the next 15 years and “Manufacturing the Future”, a new report by the
McKinsey Global Institute, has good cause to be optimistic. Demand will grow not
only for basic goods (which are typically made in developing countries) but also
for the costly, innovative gadgets and high-tech products that rich countries
make. McKinsey reckons that rich countries will keep making such products better
than anyone else.
