Valdai Paper #26: High End Labour: The Foundation of 21st Century Industrial Strategy

05.08.2015
The 26th Valdai paper presents the basics of a strategy for re-industrialization and economic rebalancing that starts from the highest available technology at the world level. For nearly ten years, the author has worked with researchers from many parts of the world, to study high-end production, the emerging market for high-end goods, and the way they are transforming industry.

The statistical evidence is strong: the key feature of these new technologies is their dependence on high-end labour. It makes possible an integrated industrial strategy which, at one and the same time, aims to compete at world level for a new mass consumer market in creative goods, and reindustrialize economy on a new and higher technological basis. The author considers that for realization this strategy the human development has to be the top productive priority.

The author of the article: Alan Freeman, Co-Director of the Geopolitical Economy Research Group, University of Manitoba,Winnipeg, Canada.

Related articles

Looking at Asia Through the Non-Western Optics Is Still a Challenge for Russia
20.06.2018
On Tuesday, June 19, the Valdai Club hosted an expert discussion attended by Russian Deputy Foreign Minister Igor Morgulov. The panelists discussed the global roles of China and India as well as

Category:
Club Events
BEAMS of the Sunrise: A Look at BRICS 5-Year Cycles
14.06.2018
With South Africa’s chairmanship in the BRICS this year and the 10th BRICS summit expected to take place next month, the BRICS have come full-circle in their outreach efforts vis-à-vis other

Category:
Expert Opinions
What Gazprom’s Accepting EU Rules of the Game Means for European Energy Security
07.06.2018
Gazprom is de facto taking legally binding obligations to complete the “construction” of a single gas market in the EU. Its critics are losing their strongest argument – that the company is able and

Expert: 
Danila Bochkarev

Category:
Expert Opinions