Developing Countries, China and Advanced Countries are in robot and automation in a race to lower manufacturing costs

Developing Countries, China and Advanced Countries are in robot and automation in a race to lower manufacturing costs

A UN report outlines how the increasing use of industrial automation is impacting jobs in developing countries, and what strategies may help in overcoming the problem.

Advanced countries, China and developing countries all have to add more automation and robots and the supporting infrastructure and education in order to enable lower manufacturing costs

Key points • Increased use of robots in developed countries erodes traditional labour-cost advantage of developing countries. • Labor-intensive manufacturing in large developing countries with domestic production linkages is unlikely to be reshored to developed countries. • Whatever the impacts, outcomes will be shaped by […]

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