Trade matters in this story because in most developing countries, internationally tradable sectors are typically much more productive than the rest of the economy.
Countries once grew rich through manufacturing – but today there is more than one way to effect structural transformation. Think about countries growing out of poverty and you probably picture something like this: underemployed workers leaving inefficient farms for factories that make textiles and clothing for domestic and export markets. Over time, this shift raises […]
-Dieter Adam, The Manufacturers Network Returning from Europe recently, I found myself on an airplane watching Butch Cassidy and the Sundance Kid. If you don’t know the story it is loosely based on two Wild West outlaws Butch Cassidy played by Paul Newman, and his partner the “Sundance Kid” played by Robert Redford. The pair […]
This new connectivity will include factories and facilities away from cities where remoteness and physical complexity hamper wireless connections.
Blue sky thinking: We don’t yet know what wave of change 5G will create. 5G networks were rolled out in 2019 and will expand rapidly in 2020. 5G will connect everything and everyone. 5G will underpin remote surgery, self-driving cars – and movies you can download in seconds. We live in a time when words meant […]
The redevelopment of Scott Base is the largest project ever undertaken by Antarctica New Zealand.
Antarctica New Zealand is looking for a construction partner for the Scott Base Redevelopment project. But this is a job interview with a difference: the selection process involves a trip to Antarctica. “This is no junket though”, says Senior Project Manager Simon Shelton. “We understand that very few people have been to Antarctica so we […]
Printing in 3D offers vast potential for new product designs and functional capabilities, as well as allowing for more customisation.
Factories have long held a place in the popular imagination, not just as sources of employment and community prosperity, but also as hectic, noisy, grimy and polluting facilities, where thousands of people are employed in largely low-skilled line positions. Today’s factories are changing. Breathtaking advances in technology, automation and globalisation are transforming how and where […]
Socrates and his student, Plato, are a perfect example of how good leaders are shaped by observant students. Here, Darcy Simonis, industry network leader for food and beverage at ABB, explains what can be learned from global manufacturing leaders such as China. China, a leader in mass production, has firm plans to build upon its […]
BusinessNZ has welcomed the $12 billion infrastructure boost announced, and says it’s appropriate for road and rail transport to be the priorities. Chief Executive Kirk Hope said business would be keen to see the details of the projects. “We need to make sure the projects can be executed, and that decisions are worked through Infrastructure […]
Today’s major infrastructure spending announcement is good news for members in the EMA’s upper North Island region. EMA Head of Advocacy and Strategy, Alan McDonald, says an additional infrastructure spend of $12 billion over four years is a welcome boost, especially with $6.8 billion of it going into the transport sector. “We’ve already seen an […]
The engineering and metals industries are at an exciting but challenging crossroads. While BAU is vital from a cash flow and business stability standpoint, the work of future proofing is urgent, both to shore up the sector now and protect it over the volatile next decade and beyond. This is the philosophy behind HERA’s Future […]
Cheap comes out expensive – lookalike cylinders cause downtime headaches Global advanced industrial tools and services leader Enerpac says the NZ market is falling victim to cheap, lookalike hydraulic cylinders that are causing significant headaches when they fail in service. Enerpac New Zealand Hydraulic Specialist, Mr Neville Stuart, says that unlike genuine Enerpac […]