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Manufacturing sector accounts for 24 percent of the GDP in 2009. With an aim to become industrialized country by 2020, Vietnams manufacturing industry has been undergoing major changes as a result of government initiatives, WTO commitments and industrial liberalization. Industrial development strategy for the period 2011-2020 to focus on the devel...

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Economic growth is primarily driven by fuel and mineral exports in many countries in the African region. Increased trade and investment cooperation and free trade agreements among the African countries have contributed to falling trade barriers and improved trade relations in the region. Europe and North America remain major destinations for export...

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22 Aug 2011  |  Asia Pacific

Japan Earthquake: Economic Implications

 

Earthquake and tsunami that followed earthquake have caused severe damages to coastal areas and industrial centers in Japan. Several industries were affected including transportation, energy, agriculture, tourism, and manufacturing. This resulted in power shortages, supply chain disruption, reduction of business activity and tourism, and drop in co...

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China has moved from a fixed exchange rate regime to a floating rate by pegging its currency to a basket of currencies in 2005. Since then, the value of yuan has become a central issue affecting global trade environment, because the yuan is considered to be undervalued by China's major trading partners. Due to the global slowdown, China has given ...

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Motors, Drives and Motor Controls Decision Support Database is designed to provide an overview of the Motors, Drives and Motor Controls Market through measurements on Macro Economic Indicators, Statistics on Mining & Power, Raw materials and End user segments of Motors, Drives and Motor Controls sector.

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Emerging Countries Decision Support Database on Industrial Process Control is designed to provide an overview of the Motors, Drives and Motor Controls Market through measurements on Macro Economic Indicators, Statistics on Raw materials and End user segments of Motors, Drives and Motor Controls sector

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Household debt is a major component of consumer spending in developed economies, which have the largest purchasing power per capita. Economic conditions, such as a recession and rising debt levels over time have a major impact on the cost of holding debt and the levels of consumption in the economy. Households tend to deleverage debt after economic...

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10 Aug 2011  |  Asia Pacific

Economic 360 for India: Growth Prospects and Emerging Opportunities in the Manufacturing Industry

India's Manufacturing Sector Dynamics: A paradigm shift in manufacturing trend

Industrial production in India is divided into basic, capital, intermediate, consumer goods, and consumer non-durable goods industries. Manufacturing growth has been led by the automotive, machinery, textile, chemicals and metals industries. NMIZs have been set up to augment the industry by increasing the contribution of manufacturing to 25.0 perce...

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The manufacturing industry being a growth driver of the economy contributes 26.1 percent to GDP and is a major source of employment in Indonesia. The government adopted the industrial development plans focusing on the priority industries mainly to revive the economic growth and to transform the manufacturing industry. Competition is expected to ris...

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The manufacturing industry in Egypt fuels the economic growth, productivity and employment. The manufactured output, and exports shows a positive trend with an increase in the investment since the liberalization and reform introduced in 2003. Government played an important role in reviving the growth of the manufacturing sector by formulating a lon...

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