A New Growth Paradigm for Emerging Economies

Explore the shifting dynamics of global economic growth in this World Economic Forum panel discussion. Delve into the challenges faced by emerging economies as manufacturing's contribution to growth declines worldwide. Examine the skills needed for value chain upgrading, structural reforms to enhance competitiveness, and strategies to respond to changing monetary environments. Gain insights on the outlook for Russia, South Africa, and China, and understand the shift in production patterns. Discover how countries can leverage their strengths, attract foreign direct investment, and balance manufacturing with services. Learn about the importance of education, creating quality jobs, and fostering inclusive growth. Understand the concept of "manufacturing services" and the significance of coordinated action in shaping a new growth paradigm for emerging economies.