Chart of the week: how important is manufacturing to emerging markets? | beyondbrics

For some emerging economies, large energy deposits can provide a fast, large boost to growth. But to move up towards middle income status or beyond, manufacturing has almost always been a necessary step for EMs to build a modern economy.

So what is the picture of the world’s top manufacturers? Who is the biggest, and which EMs have made the biggest strides?

According to a recent report by consultants McKinsey, manufacturing raises incomes and provides the machinery, tools, and materials to build modern infrastructure and housing.

Chart of the week: how important is manufacturing to emerging markets? | beyondbrics