deindustrialization

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deindustrialization

the process in which a previously industrialized or industrializing economy, or society, or region, reverts partly or wholly to a preindustrialized form. This process may occur as the outcome of international economic competition (see DEPENDENCY THEORY, also IMPERIALISM).

To some degree, the process may also occur within developed societies (e.g. the recent regional decline of manufacturing industries such as textiles or shipbuilding in parts of Western Europe). Nor is it simply a recent phenomenon. Rather, it can be seen as a ‘normal’ aspect of the workings of capitalism on an international stage at all phases of its development. According to WALLERSTEIN (1974), societies as different as Poland and India are examples of economies which underwent periods of deindustrialization in the course of the development of the world economy.

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The term premature deindustrialisation has most commonly been used to describe the structural trajectory of African economies after the 1970s.
Selection of a team leader under the project "Support for the deindustrialisation of childcare in the Municipality of Novi Pazar" under OPRD 2014-2020
Of particular importance is deindustrialisation and the shift to a service sector economy.
Many of our towns and cities are still living in the shadow of deindustrialisation.
Organisers have promised to establish a legacy for former steelworkers themselves, with elements of the project proposed to focus on the area's deindustrialisation.
The loss of even more jobs, this time at Redcar, and the further deindustrialisation of this country, contrasts with Europe, where they still mine coal, smelt steel and manufacture ships and planes.
THE Wales TUC has launched a major campaign demanding Better Jobs, Closer to Home for Valleys communities which it says are caught in a "perfect storm of deindustrialisation, recession and austerity".
I have brought the screening to the University of Hudderseld because I come from mining heritage and, a generation on, the legacy of the strike and its subsequent deindustrialisation in other industries is still rife within every former coaleld community in the country.
If implemented unilaterally, the EU energy target would trigger further deindustrialisation," observed the European Chemical Industry Council (CEFIC) and "that would run counter to the stated goal of 20% of industry share in Europe's GDP".
The term deindustrialisation refers to the process of socio-economic changes taking place due to reduction in the industrial capacity and/or the loss of industrial potential of an economy.
A major problem for the UK's regional cities was tackling the legacy of deindustrialisation, according to O'Neill.
No Tory MP complained in the 1980s when Margaret Thatcher sent the boys in blue to the coalfields as an occupying army, arresting miners in their thousands as they resisted deindustrialisation.