Download or read book Growth Trade and Deindustrialization written by Mr.Ramana Ramaswamy and published by International Monetary Fund. This book was released on 1998-04-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These include the combined effects on manufacturing employment of a relatively faster growth of productivity in manufacturing, the associated relative price changes, and shifts in the structure of demand between manufactures and services. North-South trade explains less than one fifth of deindustrialization in the advanced economies. Moreover, the contribution of North-South trade to deindustrialization has been mainly through its effects in stimulating labor productivity in Northern manufacturing. It has had little enduring effect on total manufacturing output in the advanced economies.
Download or read book Growth Trade and Deindustrialization written by Bob (R. E.). Rowthorn and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These include the combined effects on manufacturing employment of a relatively faster growth of productivity in manufacturing, the associated relative price changes, and shifts in the structure of demand between manufactures and services. North-South trade explains less than one fifth of deindustrialization in the advanced economies. Moreover, the contribution of North-South trade to deindustrialization has been mainly through its effects in stimulating labor productivity in Northern manufacturing. It has had little enduring effect on total manufacturing output in the advanced economies.
Download or read book Deindustrialization written by Mr.Ramana Ramaswamy and published by International Monetary Fund. This book was released on 1997-04-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: All advanced economies have experienced a secular decline in the share of manufacturing employment—a phenomenon referred to as deindustrialization. This paper argues that, contrary to popular perceptions, deindustrialization is not a negative phenomenon, but is the natural consequence of the industrial dynamism in an already developed economy, and that North-South trade has had very little to do with deindustrialization. The paper also discusses the implications of deindustrialization for the growth prospects and the nature of labor market arrangements in the advanced economies.
Download or read book De Industrialization Foreign written by R. E. Rowthorn and published by Cambridge University Press. This book was released on 1987-11-01 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deindustrialization written by Robert Eric Rowthorn and published by . This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: All advanced economies have experienced a secular decline in the share of manufacturing employment a phenomenon referred to as deindustrialization. This paper argues that, contrary to popular perceptions, deindustrialization is not a negative phenomenon, but is the natural consequence of the industrial dynamism in an already developed economy, and that North-South trade has had very little to do with deindustrialization. The paper also discusses the implications of deindustrialization for the growth prospects and the nature of labor market arrangements in the advanced economies.
Download or read book De industrialization and Trade written by Antonio Spilimbergo and published by . This book was released on 1995 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deindustrialization written by Bob Rowthorn and published by International Monetary Fund. This book was released on 1997-09-29 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper maintains that deindustrialization is primarily a feature of successful economic development and that North-South trade has very little to do with it.
Download or read book Deindustrialization of the U S Economy written by and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing seems to be a steadily diminishing presence in the American economy, producing a falling share of Gross National Product and employing a smaller share of the labor force. Many see this as a loss of something vital to providing "good" jobs and advancing economic well being. On the other hand, deindustrialization has occurred in varying degrees in most industrial economies and can be seen as a natural outcome of economic progress and a rising living standard. When examined from the standpoint of real output and level of employment, the U.S. manufacturing sector has shown considerable stability over the last 20 years. Because the apparent deindustrialization has been coincident with a rising level of international trade, particularly recent increases in trade with many low-wage, developing economies, there is an inclination to see causality running from rising trade to a faltering manufacturing sector. Yet economic analysis indicates that while a rising level of trade can have adverse consequences for particular industries, it is unlikely to adversely affect the whole manufacturing sector. Increased imports may hurt some industries, but the increased exports needed to pay for those imports helps other industries. Therefore, across all tradeable goods producing industries there is no net loss of jobs. Moreover, exporting industries tend to pay higher wages than import competing industries. Rising trade deficits are a somewhat different matter. Trade deficits are not a function of a rising level of trade. They are largely rooted in domestic macroeconomic forces that affect domestic saving and investment decisions, including the government budget. Trade deficits do not lead to any net loss of output or jobs for the economy, but they will likely change the composition of output and employment between tradeable and non-tradeable goods. It is very likely that the manufacturing sector, which produces tradeable goods, will be adversely affected by large and growing trade deficits, although that effect is probably not as large as commonly believed. An economic force that has clearly had a strong impact on manufacturing is a steady and often rapid rise in sector productivity. The impact of productivity on sector employment is far larger then the effect of trade deficits. In the past, productivity rise has allowed the manufacturing sector to expand output with a fairly steady level of employment. Recent acceleration of the pace of productivity advance raises the possibility that in the future, efficiency gains may outpace output growth and lead to significantly slower growth of sector employment. A policy response that would have a direct positive economic effect on the manufacturing sector is action toward reducing the trade deficit. An indirect policy response would be, to raise the pace of development of new technology and new products through added support for areas of idea creation that the private market will insufficiently support. There will still be need to ameliorate the destructive aspect of economic progress. If workers now must face an increasingly volatile labor market, more support may be needed for programs to ease the disruption workers face and facilitate their adjustment to new jobs. This report will not be updated.
Download or read book Deindustrialization and Regional Economic Transformation written by Lloyd Rodwin and published by Routledge. This book was released on 2017-09-05 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1989. This major book deals with deindustrialization and regional economic transformation in five regions of the USA: the industrial Midwest, the South, California, New England, and the New York metropolitan region. Four perspective studies then connect these diverse experiences to intra-metropolitan spatial adjustments, growth prospects for industry and services, and evolving regional theory and policy. An overview chapter sums up the main themes, common denominators and differences and some puzzles and unresolved issues. All concerned with the industrial and regional evolution of the USA – geographers, economists, planners, policy-makers, will find this authoritative survey useful.
Download or read book Growth Unemployment and Deindustrialization written by Henri L. F. de Groot and published by Edward Elgar Publishing. This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing theoretical models that contribute to a better understanding of the wealth of nations, particularly those factors determining economic growth, unemployment, and the sectoral composition of economies, de Groot (environmental economics, Free U., Amsterdam) addresses the major indicators of economic performance: productivity levels, productivity growth, unemployment rates, and degree of industrialization. Special issues include the macroeconomic consequences of outsourcing and downsizing, causes of deindustrialization, the role of trade unions and efficiency-wage considerations, and the relationship between growth and unemployment in a dual labor market. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Rethinking Development Policy Deindustrialization Servicification and Structural Transformation written by Manoj Atolia and published by International Monetary Fund. This book was released on 2018-09-28 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper takes a fresh look at the current theories of structural transformation and the role of private and public fundamentals in the process. It summarizes some representative past and current experiences of various countries vis-a-vis structural transformation with a focus on the roles of manufacturing, policy, and the international environment in shaping the trajectory of structural transformation. The salient aspects of the current debate on premature deindustrialization and its relation to a middle-income trap are described as they relate to the path of structural transformation. Conclusions are drawn regarding prospective future paths for structural transformation and development policies.
Download or read book Advancing Development written by G. Mavrotas and published by Springer. This book was released on 2007-01-05 with total page 830 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects on current thinking in development economics and on what may happen over the next two decades. As well as studying development economics in retrospect, the volume explores the current debates and challenges and looks forward at the problems that affect the global capacity to achieve the Millennium Development Goals.
Download or read book Deindustrialization written by Stephen Bazen and published by Heinemann Educational Publishers. This book was released on 1989 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pathways to Industrialization in the Twenty First Century written by Adam Szirmai and published by OUP Oxford. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization. There are reasons to believe that industrialization will continue to be one of the major engines of growth, transformation, and socioeconomic development. Industrial development enables a more rapid advancement toward developed country living standards. But many challenges remain, and new challenges have arisen. These include: integration into global value chains; the shrinking of policy space in the present international order; the rise of the Asian driver economies; new opportunities provided by resource-based industrialization; the accelerating pace of technological change in manufacturing; how to deal with jobless growth in manufacturing; creating adequate systems of financial intermediation; and how to respond to the threats of global warming and climate change. Under present conditions it may be more difficult than ever for the poorer developing countries to foster industrial development and structural change. They face a more complex, and daunting set of circumstances than the developing countries that embarked on industrialization after 1950. These changing and challenging circumstances require new thinking, and in particular new paradigms to guide researchers, policy makers, and international development organizations in the future. The book includes chapters on the experiences of Africa, Latin America, China, and Indonesia, as wells as thematic chapters on structural change, jobless growth, the evolution of industrial policy, and the challenges of environmental sustainability and climate change. It provides a timely analysis of the circumstances and challenges facing developing countries in industrialization, and offer fresh ideas for new paradigms to carry forward industrial policy in the future.
Download or read book The Future of the Factory written by Jostein Hauge and published by Oxford University Press. This book was released on 2023-09-26 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: For centuries, industrialization and factory-based production have been core ingredients in economic growth, development, and innovation. This symbiotic relationship between industrialization and economic prosperity is now changing. 'Megatrends' - trends within the domains of technology, economy, society, and ecology that have a global impact - are changing the ability of the manufacturing sector to serve as the engine of growth, changing traditional ideas of technological progress, and changing growth and development opportunities in both the global South and the global North. Four megatrends are particularly worthy of note: the rise of services, digital automation technologies, globalization of production, and ecological breakdown. In this book, Jostein Hauge provides a novel analysis of how these megatrends are changing industrialization, and charts new pathways for industrial policy and global governance. He also offers a wide-ranging account of the role of technology, globalization, and ecology in shaping the world economy. The Future of the Factory shows that industrialization remains a cornerstone of economic prosperity, but that power asymmetries in the world economy create uneven opportunities for achieving economic growth, development, and industrialization.
Download or read book Disrupted Development and the Future of Inequality in the Age of Automation written by Lukas Schlogl and published by Springer Nature. This book was released on 2020-01-13 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines the future of inequality, work and wages in the age of automation with a focus on developing countries. The authors argue that the rise of a global ‘robot reserve army’ has profound effects on labor markets and economic development, but, rather than causing mass unemployment, new technologies are more likely to lead to stagnant wages and premature deindustrialization. The book illuminates the debate on the impact of automation upon economic development, in particular issues of poverty, inequality and work. It highlights public policy responses and strategies–ranging from containment to coping mechanisms—to confront the effects of automation.
Download or read book De industrialisation written by National Institute of Economic and Social Research and published by London : Heinemann Educational Books. This book was released on 1979 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
