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

The Coronavirus pandemic of 2020 dramatically slowed global exports.  Meanwhile, the pandemic led to shifting consumer demand and high unemployment rates, dramatically diminishing demand for some types of manufactured exports such as apparel.  Over the long term, when the Coronavirus is under control and global economies recover, demand 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…

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