World Manufacturing Industry: Structural and Spatial Shifts

The article estimates countries’ and regions’ posit ions on the world ranking hierarchy in the manufacturing industry. The research is focusing on the characteristic of structural and spatial shift s of the world manufacturing industry. These trends have led to the restructuring of the world economy and main shifts in the manufacturing locations both at regional and global levels occurred. Developing countries have got a great chance to become active players in the world economy. Structural shifts occ ur suddenly both in manufacturing location and in the industrial composition in the recent decades. There have been shifts in the HT-industry compositi on. The shift to developing Asian countries is reve aled