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The Future of the Factory: How Megatrends are Changing Industrialization

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SKU 9780198861584 Categories ,
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This book provides a novel analysis of how four key megatrends are changing industrialization, and charts new pathways for industrial policy and global governance. It shows that industrialization remains a cornerstone of economic prosperity, but that power asymmetries in the w...

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Description

Product ID:9780198861584
Product Form:Hardback
Country of Manufacture:GB
Title:The Future of the Factory
Subtitle:How Megatrends are Changing Industrialization
Authors:Author: Jostein Hauge
Page Count:240
Subjects:International relations, International relations, Development economics and emerging economies, Political economy, Development economics & emerging economies, Political economy
Description:Select Guide Rating
This book provides a novel analysis of how four key megatrends are changing industrialization, and charts new pathways for industrial policy and global governance. It shows that industrialization remains a cornerstone of economic prosperity, but that power asymmetries in the world economy create uneven opportunities for achieving economic growth.
For centuries, industrialization and factory-based production have been core ingredients in economic growth, development, and innovation. This symbiotic relationship between industrialization and economic prosperity is now changing. ''Megatrends'' - trends within the domains of technology, economy, society, and ecology that have a global impact - are changing the ability of the manufacturing sector to serve as the engine of growth, changing traditional ideas of technological progress, and changing growth and development opportunities in both the global South and the global North. Four megatrends are particularly worthy of note: the rise of services, digital automation technologies, globalization of production, and ecological breakdown. In this book, Jostein Hauge provides a novel analysis of how these megatrends are changing industrialization, and charts new pathways for industrial policy and global governance. He also offers a wide-ranging account of the role of technology, globalization, and ecology in shaping the world economy. The Future of the Factory shows that industrialization remains a cornerstone of economic prosperity, but that power asymmetries in the world economy create uneven opportunities for achieving economic growth, development, and industrialization.
Imprint Name:Oxford University Press
Publisher Name:Oxford University Press
Country of Publication:GB
Publishing Date:2023-09-26