So world-class, export-oriented manufacturing companies based in Japan could lead Japanese stocks higher.
Anecdotal evidence abounds of falling employment, particularly in construction, mining and export-oriented manufacturing.
This component, with extremely short cycle times in an industrially oriented manufacturing process, already demonstrates what will be possible in the future.
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If the government meets its goal of massively expanding the export-oriented manufacturing sector, for example, India will become another big target for developed-country protectionists.
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That's important anywhere but arguably more so in a trade- and manufacturing-oriented economy such as Asia's.
The world is oriented around companies and manufacturing was expensive and consuming.
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This is especially true of technology investments designed to automate tasks (both in manufacturing and service oriented businesses) such as the one HPQ announced.
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Keep in mind that this was a stodgy, male-oriented company whose leaders had been in manufacturing forever.
In a recent study of seven different sectors of the Thai economy, McKinsey, a consultancy, found that poor government regulation was the single biggest barrier to productivity growth in almost every instance, whether in manufacturing or services, in export-oriented or locally consumed products.
That means that emerging countries are going to have to think are we only oriented towards exports, or are we also starting to produce manufacturing goods and services for the internal market.
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