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Advanced Manufacturing and China's Future for Jobs

Advanced Manufacturing and China's Future for Jobs PDF Author: Dieter Ernst
Publisher:
ISBN:
Category : Deindustrialization
Languages : en
Pages : 0

Book Description
This paper explores how China's push into advanced manufacturing and services through robots and other new disruptive technologies might affect the country's future for jobs. After decades of rapid-fire growth, China's comparative advantage in manufacturing and the extraordinary size of its economy explain why China has not followed Dani Rodrik's pattern of "premature de-industrialization". However, China now has reached a level of development where catching up through an investment-driven "Global Factory" model is no longer sufficient to create long-term economic growth and prosperity. Chinese firms now need to adopt, absorb and develop advanced manufacturing technologies. At the same time, severe headwinds are constraining China's growth. International trade, a primary source of China's rise, has fallen to its lowest level since 2009, and keeps languishing. Since the turn of the century, a declining labor force, rising wages, and skill bottlenecks are eroding China's international competitiveness. To break out of this growth impasse, China's leadership has decided to leapfrog into advanced manufacturing and services. Two policy initiatives are the expression of that ambition: the China Manufacturing 2025 (MIC 2025) Plan, and China's Internet Plus (IP) Plan both seek to promote innovation-driven development through robots, 3D printing, Big Data, and the integration of manufacturing and services through the mobile Internet. The chapter examines how these two major policy initiatives might affect China's Future for Jobs. While China has improved its position and capabilities in advanced manufacturing (especially in robots), the country still has a long way to go to catch up with global industry leaders. A critical weakness of both the MIC 2025 and the IP plans is an almost exclusive focus on technology, and a failure to collect data on possible impacts of advanced manufacturing and services on jobs, skills, income and inequality. To reduce this knowledge gap, the chapter reviews newly available data for China on unemployment, income inequality, skill requirements, and the development and quality of service jobs. These data show that China still has a long way to go to create the necessary skills (especially for soft and vocational skills), as well as enough well-paying knowledge-intensive service jobs. Forging ahead in advanced manufacturing thus will face major hurdles. If China fails to upgrade the quality of the new jobs that are being created in its service sector, this might slow down the growth of household incomes and consumption. As China's push into advanced manufacturing coincides with the "new normal" of a lengthy industrial slowdown, any such slowdown in income might eventually begin to constrain the service sector too, as the profit squeeze in manufacturing companies and declining income of workers might lead to a cut in investment in services and in their consumption. In order to avoid this "worst case scenario", it is necessary that both the MIC 2025 and the IP Plans are based on realistic projections of employment and other labor market impacts

Advanced Manufacturing and China's Future for Jobs

Advanced Manufacturing and China's Future for Jobs PDF Author: Dieter Ernst
Publisher:
ISBN:
Category : Deindustrialization
Languages : en
Pages : 0

Book Description
This paper explores how China's push into advanced manufacturing and services through robots and other new disruptive technologies might affect the country's future for jobs. After decades of rapid-fire growth, China's comparative advantage in manufacturing and the extraordinary size of its economy explain why China has not followed Dani Rodrik's pattern of "premature de-industrialization". However, China now has reached a level of development where catching up through an investment-driven "Global Factory" model is no longer sufficient to create long-term economic growth and prosperity. Chinese firms now need to adopt, absorb and develop advanced manufacturing technologies. At the same time, severe headwinds are constraining China's growth. International trade, a primary source of China's rise, has fallen to its lowest level since 2009, and keeps languishing. Since the turn of the century, a declining labor force, rising wages, and skill bottlenecks are eroding China's international competitiveness. To break out of this growth impasse, China's leadership has decided to leapfrog into advanced manufacturing and services. Two policy initiatives are the expression of that ambition: the China Manufacturing 2025 (MIC 2025) Plan, and China's Internet Plus (IP) Plan both seek to promote innovation-driven development through robots, 3D printing, Big Data, and the integration of manufacturing and services through the mobile Internet. The chapter examines how these two major policy initiatives might affect China's Future for Jobs. While China has improved its position and capabilities in advanced manufacturing (especially in robots), the country still has a long way to go to catch up with global industry leaders. A critical weakness of both the MIC 2025 and the IP plans is an almost exclusive focus on technology, and a failure to collect data on possible impacts of advanced manufacturing and services on jobs, skills, income and inequality. To reduce this knowledge gap, the chapter reviews newly available data for China on unemployment, income inequality, skill requirements, and the development and quality of service jobs. These data show that China still has a long way to go to create the necessary skills (especially for soft and vocational skills), as well as enough well-paying knowledge-intensive service jobs. Forging ahead in advanced manufacturing thus will face major hurdles. If China fails to upgrade the quality of the new jobs that are being created in its service sector, this might slow down the growth of household incomes and consumption. As China's push into advanced manufacturing coincides with the "new normal" of a lengthy industrial slowdown, any such slowdown in income might eventually begin to constrain the service sector too, as the profit squeeze in manufacturing companies and declining income of workers might lead to a cut in investment in services and in their consumption. In order to avoid this "worst case scenario", it is necessary that both the MIC 2025 and the IP Plans are based on realistic projections of employment and other labor market impacts

From Catching Up to Forging Ahead in Advanced Manufacturing--reflections on China's Future of Jobs

From Catching Up to Forging Ahead in Advanced Manufacturing--reflections on China's Future of Jobs PDF Author: Dieter Ernst
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
This paper explores what we know about possible employment effects of the 10-year plan, issued by the State Council on May 19, 2015, entitled Made in China 2025. MIC2025 was designed to address China's emerging labor shortage challenge. To achieve this goal, the plan seeks to boost labor productivity through an increased use of robots and through network-based upgrading of the entire industrial value chain and related services. How might the projected increase in labor productivity affect the creation and quality of jobs in China? Will China's push into advanced manufacturing now move the country's manufacturing employment closer to the pattern of "employment de-industrialization" observed in the US and other industrialized countries? How China will cope with the advanced manufacturing challenge for employment will have major implications not only for the US and other industrialized countries, but also for emerging economies and, most importantly for the majority of developing countries that are still struggling as latecomers to labor-intensive industrial manufacturing. The paper lays out objectives of the MIC 2025 plan and highlights a failure of Chinese policy makers to take into account employment effects and other labor market issues when they design their grand visions of industrial policy. The paper finds that until 2014, manufacturing has acted as an employment absorber in China. However new data on unemployment, labor force participation and income inequality signal that China may now be moving towards an "employment de-industrialization" pattern, unless enough knowledge-intensive service jobs will be created in China's growing information economy. The paper concludes with implications for policy and further research

Advanced Manufacturing Technology in China: A Roadmap to 2050

Advanced Manufacturing Technology in China: A Roadmap to 2050 PDF Author: Tianran Wang
Publisher: Springer Science & Business Media
ISBN: 3642138551
Category : Science
Languages : en
Pages : 160

Book Description
As one of the eighteen field-specific reports comprising the comprehensive scope of the strategic general report of the Chinese Academy of Sciences, this sub-report addresses long-range planning for developing science and technology in the field of advanced manufacturing technology. They each craft a roadmap for their sphere of development to 2050. In their entirety, the general and sub-group reports analyze the evolution and laws governing the development of science and technology, describe the decisive impact of science and technology on the modernization process, predict that the world is on the eve of an impending S&T revolution, and call for China to be fully prepared for this new round of S&T advancement. Based on the detailed study of the demands on S&T innovation in China’s modernization, the reports draw a framework for eight basic and strategic systems of socio-economic development with the support of science and technology, work out China’s S&T roadmaps for the relevant eight basic and strategic systems in line with China’s reality, further detail S&T initiatives of strategic importance to China’s modernization, and provide S&T decision-makers with comprehensive consultations for the development of S&T innovation consistent with China’s reality. Supported by illustrations and tables of data, the reports provide researchers, government officials and entrepreneurs with guidance concerning research directions, the planning process, and investment. Founded in 1949, the Chinese Academy of Sciences is the nation’s highest academic institution in natural sciences. Its major responsibilities are to conduct research in basic and technological sciences, to undertake nationwide integrated surveys on natural resources and ecological environment, to provide the country with scientific data and consultations for government’s decision-making, to undertake government-assigned projects with regard to key S&T problems in the process of socio-economic development, to initiate personnel training, and to promote China’s high-tech enterprises through its active engagement in these areas.

The Future of Chinese Manufacturing

The Future of Chinese Manufacturing PDF Author: TACHIA Chin
Publisher: Elsevier
ISBN: 0081012322
Category : Business & Economics
Languages : en
Pages : 258

Book Description
The Future of Chinese Manufacturing: Employment and Labour Challenges gives context and analysis on employment and labor issues in contemporary China, specifically relating to manufacturing industries. With one fifth of the world’s workforce, China has taken advantage of its cheap labor to serve as the world’s factory, achieving stunning growth for two decades. This book covers the appreciation of RMB, constant increases in minimum wage, shortages of skilled workers in China's labor-intensive manufacturing sector, and the fact that many large multinational corporations (MNCs) must cut costs, and are thus shifting their main production bases to other developing countries. Under such a tough situation, and coupled with the global economic slowdown, manufacturing employment in China confronts severe labor-related challenges, such as high turnover rates, recruitment difficulties for workers, and a series of high profile labor strikes and publicity concerning working conditions. Integrates human capital and cultural theories Analyzes looming labor unrest and related workforce issues in China through a unique context-specific lens Explores the roles that Chinese institutions and culture play in resolving problems related to these issues

The Survival Nexus

The Survival Nexus PDF Author: Charles Weiss
Publisher: Oxford University Press
ISBN: 0190946288
Category : Science
Languages : en
Pages : 385

Book Description
Technology and science can enable us to create a richer, healthier, sustainable, and equitable world, but they can also lead to global disaster. After all, human technical, political, economic, business, and ethical decisions determine the impact of scientific discoveries and technological innovations... In this book, Charles Weiss explores the intertwining of science, technology, and world affairs that affects everything from climate change and global health to cybersecurity, biotechnology, and geoengineering. Compact and readable, the book ties together ideas and experiences arising from a broad range of diverse issues, ranging from the structure of the energy economy to the future of work and the freedom of the internet. The Survival Nexus highlights opportunities to mobilize science and technology for a better world through technological innovations that address global health, poverty, and hunger. It alerts the reader to the Earth-in-the balance risks stemming from the decline in the international cooperation that once kept the dangers of pandemics, climate change, and nuclear war in check. It warns of the challenge to democracies from the multi-faceted global information and cyber-wars being waged by authoritarian powers. Central to the global problems it explores are questions of basic ethics: how much are people willing to respect scientific facts, to act today to forestall long-run dangers, and to ensure equitable sharing of the benefits, costs, and risks arising from advances in science and technology. Weiss clearly explains the technical principles underlying these issues, showcasing why scientists, policy makers, and citizens everywhere need to understand how the mix of science and technology with politics, economics, business, ethics, law, communications, psychology, and culture will shape our future. This important nexus underpins issues critical to human survival that are overlooked in the broader context of world affairs.

The Gilded Cage

The Gilded Cage PDF Author: Ya-Wen Lei
Publisher: Princeton University Press
ISBN: 069121283X
Category : Social Science
Languages : en
Pages : 416

Book Description
How China’s economic development combines a veneer of unprecedented progress with the increasingly despotic rule of surveillance over all aspects of life Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China’s rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China’s rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation’s authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China’s extraordinary transformation to America’s Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion.

Confronting Dystopia

Confronting Dystopia PDF Author: Eva Paus
Publisher: Cornell University Press
ISBN: 1501719874
Category : Business & Economics
Languages : en
Pages : 401

Book Description
In Confronting Dystopia, a distinguished group of scholars analyze the implications of the ongoing technological revolution for jobs, working conditions, and income. Focusing on the economic and political implications of AI, digital connectivity, and robotics for both the Global North and the Global South, they move beyond diagnostics to seek solutions that offer better lives for all. Their analyses of the challenges of technology are placed against the backdrop of three decades of rapid economic globalization. The two in tandem are producing the daunting challenges that analysts and policymakers must now confront. The conjuncture of recent advances in AI, machine learning, and robotization portends a vast displacement of human labor, argues the editor, Eva Paus. As Confronting Dystopia shows, we are on the eve of—indeed we are already amid—a technological revolution that will impact profoundly the livelihoods of people everywhere in the world. Across a broad and deep set of topics, the contributors explore whether the need for labor will inexorably shrink in the coming decades, how pressure on employment will impact human well-being, and what new institutional arrangements—a new social contract, for example, will be needed to sustain livelihoods. They evaluate such proposals as a basic income, universal social services, and investments that address key global challenges and create new jobs. Contributors: Vandana Chandra, Mignon Duffy, Dieter Ernst, Vincent Ferraro, Martin Ford, Juliana Martinez Franzoni, Irmgard Nubler, Robert Pollin, David Rueda, Diego Sanchez-Ancochea, Guy Standing, Stefan Thewissen

Megaregionalism 2.0: Trade And Innovation Within Global Networks

Megaregionalism 2.0: Trade And Innovation Within Global Networks PDF Author: Dieter Ernst
Publisher: World Scientific
ISBN: 9813229845
Category : Business & Economics
Languages : en
Pages : 531

Book Description
This book provides new insights for policy debates on how to strengthen the gains from trade for innovation through an inclusive trading environment that facilitates access to knowledge for all. Rising economic nationalism, especially in the United States, creates new challenges to an enlightened globalization agenda.The US government has withdrawn from the Transpacific Partnership agreement (TPP) that once was considered to be the gold standard of megaregionalism, suggesting the need to highlight once again the critical role that international trade and investment play in fostering sustainable growth and prosperity. Fostering innovation and facilitating the links between trade and innovation are becoming increasingly important for developed and developing economies alike. But equally important are economic policies to ensure that gains and losses from trade for innovation are shared by all.This book is a must read for trade economists, innovation economists, trade negotiators, trade lawyers, and academicians interested in current transformations in the global economy and their impact on innovation and economic growth.

The New Digital Workplace

The New Digital Workplace PDF Author: Kendra Briken
Publisher: Bloomsbury Publishing
ISBN: 1350305359
Category : Business & Economics
Languages : en
Pages : 361

Book Description
With contributions from over 20 leading scholars from across the globe, this new book brings together a number of papers that have been presented at the annual International Labour Process Conference, at which the conference theme 'Working Revolutions: Revolutionising Work' provided the inspiration for many of the chapters included in this volume. Grounded in Labour Process Theory, the text examines how digital technologies impact on work and organisations and provides a rigorous account of the technological, organizational and work related changes in both the new digital industries and in the traditional service and manufacturing sectors. The book covers many of the most significant contemporary issues and subjects in the field, including the representation of women in IT, workplace cyberbulling, virtualisation and the video games industry. This book is essential reading for upper-level undergraduate and postgraduate students studying modules related to technology and work, as well as modules in work sociology on sociology degree programmes.

Future Jobs

Future Jobs PDF Author: Edward E. Gordon
Publisher: Bloomsbury Publishing USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 246

Book Description
A pervasive disconnect exists between the job/career culture and the present economic reality in America. This book offers powerful strategies for stemming the employment crisis and proposes comprehensive solutions for businesses, government, and job seekers alike. America's low unemployment rate overshadows the fact that more that 20 million Americans are still unemployed. Moreover, more than eight million jobs are vacant because employers cannot find qualified candidates. It is projected that if this imbalance between available positions and skills is not quickly addressed, more than 14 million jobs will be vacant by 2020, and that many more people out of work. In Future Jobs, historical economist Edward E. Gordon explains how increasingly complex technologies, global demographic shifts, and outdated education-to-employment systems are converging and may imminently cause a labor-market crisis. How can we ensure that enough people possess the skills necessary to holding the jobs of today and tomorrow? This book points to a solution gaining traction across the United States: Regional Talent Innovation Networks (RETAINs), alliances of businesses, educators, government agencies, and nonprofit organizations that successfully bridge the talent gap. Additionally, it provides information on the most promising jobs and careers of the next decade for early-career job seekers and for workers who are looking to change career paths.