manufacturing

Lessons from Japan: Automation and Reshoring of Supply Chain

Download PDF: There are two main drivers of global deflationary trend in the past 30 years: rising global trade allowed by the shift towards greater openness in China and former Soviet countries and the explosion of productive-age population facilitated by the baby boomer generation (Chart 1). In 1989, the wage gap between the developed worldContinue reading “Lessons from Japan: Automation and Reshoring of Supply Chain”

Visegrad Countries: Bright Spot Amid Slowing European Growth

Download PDF: Visegrad Country Research Visegrad countries growth post-Soviet collapse has been impressive, averaging 4% for Poland and 2.5% for Hungary and Czech Republic, compared to 1.5% for Germany. Exports as % of each country GDP has more than doubled in the last two decades (page 13). Faster growth has narrowed the GDP per capitaContinue reading “Visegrad Countries: Bright Spot Amid Slowing European Growth”