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Deindustrialization : its causes and implications /

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. Over the past 25 years, the share of employment accounted for by manufacturing has fallen dramatically in the world's most advanced e...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Rowthorn, Bob (Autor), Ramaswamy, Ramana (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 1997.
Colección:Economic issues (International Monetary Fund) ; 10.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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. Over the past 25 years, the share of employment accounted for by manufacturing has fallen dramatically in the world's most advanced economies, a phenomenon widely referred to as "deindustrialization."Many see deindustrialization as widening income inequalities and causing a sharp rise in unemployment. This paper argues that, contrary to popular perception, deindustrialization should not be regarded as alarming, but rather as a natural consequence of continued economic growth within the advanced economies.
Notas:Guillermo and Michèle de la Dehesa Legacy Collection. "Draws on material originally contained in [the authors'] IMF Working Paper 97/42, 'Deindustrialization: causes and implications'"--Preface.
"September 1997"--Title page verso.
Descripción Física:1 online resource (iii, 12 pages).
ISBN:9781455289028
1455289027