You are here

Industrial Development Report 2018

Demand for Manufacturing - Driving Inclusive and Sustainable Industrial Development

  • Author: UNIDO
  • Publication date: March 2018
  • Page count: 270
  • Language(s) in this book: English
  • Sales number: 18.II.B.48

Available Formats

ISBN: 9789211064551
ISBN: 9789213628577

About the product

Too often, demand is not condidered when discussing industrial development. But the fact that manufacturing consumption is the most visible result of industrial development, and one of its most important drivers, calls for attention. This report argues that under the right set of conditions the consumption of manufacturing goods can set in motion a virtuous circle of income creation, demand diversification and long-run development. How? By providing new and better goods that become cheaper through time, industrial development creates real incomes for all which in turn lead to changes in consumption patterns that stimulate further creation of new and better goods restarting the circle. This circle, however, is not necessarily socially inclusive or environmentally sustainable, thus calling for specific policies to achieve these important goals. This report examines identifies the main challenges and opportunities that arise from them taking into account the sustainable development agenda.