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Manufacturing

In: The Fourth Industrial Revolution

Author

Listed:
  • Al Rainnie

    (University of South Australia)

  • Mark Dean

    (University of South Australia
    The Australia Institute)

Abstract

In this chapter, we track and critically evaluate, the decline of Australian manufacturing. We look to explanations rooted in the idea of a ‘resources curse’, and, more recently, the far from benign implications of global financialisation. We then examine the implications for Australian manufacturing of the supposed Fourth Industrial Revolution (4IR). The positive implications are being reinforced, it is suggested, by the ramifications of deglobalisation in general and Covid-19 in particular. The last major section of the chapter considers the way that apprenticeships, training in particular, and the training sector, in general have echoed the decline in the manufacturing industry. We conclude by questioning how realistic the anticipated outcomes of the Fourth Industrial Revolution are for the Australian manufacturing industry.

Suggested Citation

  • Al Rainnie & Mark Dean, 2021. "Manufacturing," Springer Books, in: Alan Nankervis & Julia Connell & Alan Montague & John Burgess (ed.), The Fourth Industrial Revolution, chapter 0, pages 39-56, Springer.
  • Handle: RePEc:spr:sprchp:978-981-16-1614-3_3
    DOI: 10.1007/978-981-16-1614-3_3
    as

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