Deindustrialization : Causes and Implications /

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 industr...

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Detalles Bibliográficos
Autor Principal: Ramaswamy, Ramana
Outros autores: Rowthorn, Bob
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/042
Acceso en liña:Full text available on IMF
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245 1 0 |a Deindustrialization :   |b Causes and Implications /  |c Ramana Ramaswamy, Bob Rowthorn. 
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490 1 |a IMF Working Papers 
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520 3 |a 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. 
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700 1 |a Rowthorn, Bob. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1997/042 
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