Chart of the WeekWhen it Comes to Services vs. Manufacturing, Words Matter

By Reda Cherif and Fuad Hasanov Efforts to revive national manufacturing sectors get a lot of airtime. After all, the sector propelled many East and South East Asian economies—the so-called “East Asia Miracle”—and was a gateway to the middle class for millions of workers. However, for all the obsession with manufacturing, economists for their part […]

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