1 / 30

G LOBA L C ONSULTING L EADERS S YMPOSIUM

G LOBA L C ONSULTING L EADERS S YMPOSIUM. December 5-7, 2007. History of Globalization. United States Agriculture, Mining Activity Year Trade as % of Output % Economic Activity % Employment

tim
Download Presentation

G LOBA L C ONSULTING L EADERS S YMPOSIUM

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. GLOBAL CONSULTING LEADERS SYMPOSIUM December 5-7, 2007

  2. History of Globalization United States Agriculture, Mining Activity Year Trade as % of Output % Economic Activity % Employment 1900 17.0 20.8 40.2 • 14.1 20.3 34.4 • 23.8 18.5 30.4 1930 11.0 12.6 28.4 • 9.0 12.0 19.2 • 10.1 7.8 9.1 • Decline in globalization corresponds to decline in commodity production & rise of the complex manufacturing • Industry composition is critical to impact of globalization

  3. Trends in Employment –United States Year Agriculture, Manufacturing Services mining • 1960 8.8 26.1 65.1 • 1970 5.1 24.8 70.1 • 1980 4.4 22.1 73.5 • 1990 3.3 18.0 78.7 • 1998 3.0 15.8 81.2

  4. Productivity Growth In the Services(Basic Issues) *Growth in Achieved Potential far outweighs growth in Potential as a source of Productivity Growth* EVIDENCE - Large differences among units in Best vs. Average practice - Episodic nature of productivity growth/ cost reduction (no gain -> high gain -> slippage) - Higher vs. Lower Level gaps in Productivity growth - Experience in manufacturing - Special instances of potential revealed - Case studies (no significant labor, capital, R & D inputs)

  5. Managerial, Professional 1983 2001Change Managers, Executives 10,772 20,338 +89% Teachers, Librarians 4,368 6,065 +39% Nurses, Health Profiles 1,900 3,052 +61% Scientists 820 2,685 +227% Writers, Artists, Entertainers 1,675 2,336 +39% Architects, Engineers 1,675 2,336 +39% Social Worker, Soc. Sci Works 1,092 1,903 +72% Doctors, Dentists 735 1,090 + 48% Lawyers 651 966 +48% Total 23,592 41,894 +78%

  6. An Aide on that Giant Sucking Sound of Jobs Going to Mexico Manufacturing Jobs (% of changes 1980-91) Consumption of Manufacturing in U.S. +31% Production of Manufactures in U.S. +25% Lose of demand to Net Imports 6% Production of Manufacturers in U.S. +25% Manufacturing employment in U.S. (9%) Loss of jobs to Productivity Growth 34% Fraction of Jobs in Manufacturing Lost Overseas: 6% / (34% + 6%)= 15%

More Related