In this paper, we examine how the effect of movements in the real exchange rate on manufacturing plants depends on the plant's placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more competition from abroad as export opportunities shrink...

This study focuses on the demand sector of smart factories, especially policies related to the introduction of smart factories by small and medium sized manufacturers. As will be explained later, discussions focusing on SMEs are important because the gap in capacity and resources between large...

Negative demand dynamics registered in early 2019 has not so far told on the output, estimates of finished products stocks and industrial enterprises forecasts. The industrial sector preserves optimism of expectations regarding demand, output and employment. However, the investment plans began...

In considering pathways to industrialization in the twenty-first century, cognisance needs to be taken of the fact that many countries have actually been deindustrializing. This paper analyses deindustrialization experiences internationally, by decomposing changes in the level and share of...

Based on the results of Q3 2019, the industrial production demonstrated growth which was facilitated by positive dynamics both in the primary and manufacturing sectors. At the same time, it is not absolutely certain that growth will continue in the long-term prospect. In the past few months,...

This report assesses major opportunities and constraints for the development of Eastern Africa's manufacturing sector, considers suitable examples from other regions, and draws lessons to enhance the manufacturing sector's contribution to Eastern Africa's economic transformation. The report is a...

In March-April 2021, the OPEC+ agreement continued to restrain growth in the extractive sector. Nevertheless, the trend component in the production dynamic demonstrated a positive trend on the back of an increased demand for coal and gas in the European and Asian markets. The trend component of...

The OPEC+ deal and the coronavirus pandemic remain key factors affecting the state of the manufacturing and extractive industries. Some easing of the terms of the OPEC+ deal in 2021 in case of Russia and the possibility of containing the pandemic through mass vaccination suggest that there is a...