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Pathways to Industrialization in the Twenty-First CenturyNew Challenges and Emerging Paradigms$
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Adam Szirmai, Wim Naudé, and Ludovico Alcorta

Print publication date: 2013

Print ISBN-13: 9780199667857

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199667857.001.0001

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Deindustrialization and Reindustrialization

Deindustrialization and Reindustrialization

(p.76) 3 Deindustrialization and Reindustrialization
Pathways to Industrialization in the Twenty-First Century

Fiona Tregenna

Oxford University Press

The challenge of industrialization in the 21st century differs in several ways from the experiences of developed countries when they initially industrialized in the 19th century, as well as developing countries that rapidly industrialized in the twentieth century. One important difference is that many countries have in fact experienced deindustrialization in recent times. The challenge of industrialization in the 21st century is thus, in reality for many countries, actually a challenge of reindustrialization. Manufacturing is of course not synonymous with ‘industry’ (which includes mining and usually construction as well). It is the specific characteristics of the manufacturing sector which are regarded as having ‘special characteristics’ that make it important as an ‘engine of growth’ and hence make industrialization important for growth. The analysis here is specifically of the manufacturing sector and of changes in its share in employment and GDP.

Keywords:   deindustrialization, reindustrialization, developed countries developing countries, manufacturing

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