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news Project Syndicate 2026-05-12

Author Becomes Manufacturing Skeptic, Sees Hope in Services Sector

Manufacturing's role as an economic driver for low-skilled workers is questioned. The author suggests that the services sector might offer the necessary productivity growth to support a strong middle class.


<p>Manufacturing used to be a powerful economic escalator because it could employ large numbers of low-skilled workers while making limited demands on low-income countriesโ€™ governance and infrastructure. The good news is that services may be able to deliver the productivity growth necessary to support a robust middle class.</p>

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