The Decline in Manufacturing Jobs: Not Necessarily a Cause for Concern

2019-03-14T13:10:21-04:00April 9, 2018|

By Bertrand Gruss and Natalija Novta

April 9, 2018

Version in عربي (Arabic), 中文 (Chinese),  Español (Spanish), Français (French), 日本語 (Japanese), Português  (Portuguese), Русский (Russian)

Textile manufacturing plant in Recife, Brazil: in many countries, the share of manufacturing jobs is declining (photo: Ingram Publishing/Newscom).

Manufacturing jobs are waning. In many emerging market and developing economies, workers are shifting from agriculture to services, bypassing the manufacturing sector. In advanced economies, the rise in service sector employment typically reflects the outright disappearance of manufacturing jobs. […]

The Unequal Burden of Rising Temperatures: How Can Low-Income Countries Cope?

2019-03-15T15:24:45-04:00September 27, 2017|

By Sebastian Acevedo, Mico Mrkaic, Evgenia Pugacheva, and Petia Topalova

September 27, 2017

Versions in عربي (Arabic), 中文 (Chinese), Español (Spanish), Français (French), 日本語  (Japanese), Русский (Russian)

The Earth’s temperature is rising. This will shape the economic future of communities across the globe (photo: Leolintang/iStock by GettyImages).

The Earth’s temperature is rising and its climate is changing. The increase in temperatures will shape the economic future of communities and countries across the globe. All countries will feel the direct negative effects from unmitigated climate change. But as our research in Chapter 3 of the October 2017 World Economic Outlook shows, the effects of higher temperatures will not be equal everywhere and the brunt of the adverse consequences will be borne by those who can least afford it—low-income countries.  […]

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