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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Thus, as with the value of manufactured goods versus their volume, the decreasing number of workers in manufacturing does not necessarily point to deindustrialization, but is an indication of growing productivity.
64) The basic issue has been intensity of the consequences of deindustrialization.
Tourism Development, Outport Archaeology, and the Politics of deindustrialization in Newfoundland and Labrador in the 1990s.
A heartbreaking yet indispensable case study of those who suffered from America's deindustrialization.
This special issue, the first to explore deindustrialization within the Canadian context, attempts to do two things.
Coming into being as it did at the nexus of the post-Civil Rights Movement/post-soul years, the rise of black individualism and entrepreneurialism, and socio-economic policies of deindustrialization, is it any wonder--Quinn seems to ask--that when representatives of St.
Although globalization can be held responsible for a small portion of these (Smith estimates that approximately one-tenth of unemployment in France since 1990 can be tied to trade), the more fundamental problem is that France has failed to address adequately the challenges posed by rising competition, deindustrialization, and an aging population.
The community eventually fell on hard times as deindustrialization in the 1970s transformed the world economy.
This argument is most pertinent to the issue of deindustrialization in the Western countries where, it is claimed, the outsourcing of jobs to countries with low wages and limited employment regulation is destroying traditional industrial manufacturing jobs, increasing the rate of unemployment and causing real hardship among families who previously worked in the manufacturing sector in these nations.
Long before Hurricane Katrina, New Orleans was hit by hurricanes of disinvestment, deindustrialization, corruption and neglect.
Molano argues that as China has come to dominate industrial activity, Latin America is in the midst of a deindustrialization as the region focuses on its areas of comparative advantage.
The process of de-conglomeration came with the process of deindustrialization in Indonesia as many of the ailing conglomerates have divested their manufacturing subsidiaries, which were more beset by large debts.