BrokenYield
Here's an interesting take on what's actually holding back economic progress: it's not that manufacturing capacity is oversaturated. The real constraint? Most economies haven't built enough advanced service sectors.
Manufacturing is the traditional ladder—it's how countries bootstrap themselves out of lower income brackets. Every developing economy goes through this phase. But here's where it gets tricky: once you're out of poverty through manufacturing, climbing to high-income status requires a completely different playbook.
High-income nations don't compete on factory output. They compete on
Manufacturing is the traditional ladder—it's how countries bootstrap themselves out of lower income brackets. Every developing economy goes through this phase. But here's where it gets tricky: once you're out of poverty through manufacturing, climbing to high-income status requires a completely different playbook.
High-income nations don't compete on factory output. They compete on