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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Whether the choice was made with an awareness of the social consequences is, of course, a nother matter; but it is clearly the case that the choice to deindustrialize was made with a thorough understanding of who would lose in the new economy.
A different agenda belongs to the antigrowth and antitechnology advocates, who want to deindustrialize the United States and other developed countries.
Following the logic of the increasing-returns-based models discussed in the introduction, integration might cause some countries to deindustrialize partially.
This marked the end of the Morgenthau Plan of 1944, which had been set up to deindustrialize war-hungry Germany.
Further, the government's huge effort to deindustrialize Beijing has forced many firms to outsource production, mostly to other Chinese regions.