Description: This book demonstrates how structural forces have produced the decline in manufacturing jobs, and these forces are not likely to be reversed. Analyzing the effects of trade, technological change, production efficiencies, and consumer spending patterns on manufacturing employment, shows that efforts will not return manufacturing to past levels.
Review Quotes: Lawrence offers a masterful account of how specialization in manufacturing evolves as countries develop economically, and how technological change, globalization, and economic policy affect countries' industrial trajectories. His analysis is essential reading for all who are interested in the future of the manufacturing sector.--Gordon Hanson, The Peter Wertheim Professor in Urban Policy at Harvard Kennedy School.