Deindustrialization : Its Causes and Implications.

Over the past 25 years, the share of employment accouted for bymanufacturing 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 causinga sharp rise in...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:Economic Issues; Economic Issues ; No. 1997/009
Online Access:Full text available on IMF
Description
Summary:Over the past 25 years, the share of employment accouted for bymanufacturing 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 causinga sharp rise in unemployment. This paper argues that, contrary to popularperception, deindustrialization should not be regarded as alarming, butrather as a natural consequence of continued economic growth within the advanced economies.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (18 pages)
Format:Mode of access: Internet
ISSN:1020-5098
Access:Electronic access restricted to authorized BRAC University faculty, staff and students