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One cause of genuine de-industrialization has recently attracted a lot of attention.
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However dramatic it may look, it is not the main explanation for de-industrialization in the rich countries.
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Computers and haircuts: why de-industrialization happens
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France's manufacturing sector has seen a burst of renewed job creation recently, after almost two decades of rapid de-industrialization.
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But if de-industrialization is due to the very dynamism of a country's manufacturing sector, isn't it a good thing?
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Should we worry about de-industrialization?
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Moreover, with increasing de-industrialization and mechanization, the knowledge requirements may even have fallen for most jobs in the rich countries.
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The myth that we now live in a post-industrial age has made many governments ignore the negative consequences of de-industrialization.
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De-industrialization also has a negative effect on a country's balance of payments because services are inherently more difficult to export than manufactured goods.
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- He has promised to invest retraining and education and in communities which have suffered most from de-industrialization.
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One cause of genuine de-industrialization has recently attracted a lot of attention.
12
However dramatic it may look, it is not the main explanation for de-industrialization in the rich countries.
13
Computers and haircuts: why de-industrialization happens
14
France's manufacturing sector has seen a burst of renewed job creation recently, after almost two decades of rapid de-industrialization.
15
But if de-industrialization is due to the very dynamism of a country's manufacturing sector, isn't it a good thing?