Global Growth in Manufacturing and Trade Requires Investment by Emerging Nations, Business and Industry Trends Analysis

Emerging countries will benefit greatly from growth as they continue to modernize.  Markets for goods and services will boom along with rising household income, as well as demand for entertainment, retailing, communications, education, transportation, residential services and health care.  The challenge for mature nations is to remain innovative and competitive, using their strong bases of higher education and advanced technologies to create products and services that the developing world will want to purchase in large quantities.  Many leading U.S. and European manufacturers, such as GE and Siemens, already have strong efforts in this regard. Although they will certainly evolve and…

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