The failure of the manufacturing sector in achieving the goal of labor-intensive exports rather than capital-intensive exports can be attributed to several reasons, including: Lack of investment in human capital development : There is often a lack of investment in education, training and skill development programs for workers, which results in low productivity and competitiveness. Outdated technology : In many countries, the manufacturing sector still relies on outdated technology, which reduces productivity and competitiveness. Poor infrastructure: Poor infrastructure, such as inadequate transportation systems, can increase the cost of production and reduce competitiveness in the global market. Global competition : The globalization of the economy has resulted in increased competition from countries with lower labor costs and higher productivity. Limited market access : Many countries face trade barriers and limited market access, which makes it difficult for their labor-intensi...
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