Routledge Dictionary of Economics, Second Edition
de-industrialization (L6)
The decline of a country’s manufacturing industry absolutely or relatively. This fall in manufacturing activity is most noticeable in employment, but a slower rate of growth, or even a fall, in output and a fall in the world share of trade in manufactures also measure this change. Most OECD countries have experienced de-industrialization in the past twenty years as economic activity has switched from manufacturing to service industries. Marxist economists are especially concerned with this because of their view that what is productive is the creation of goods, not of services.
References
Blackaby, F.
(1979) De-Industrialisation, London: Heinemann Educational.
Bluestone, B. and Harrison, B. (1982) The Deindustrialization of America: Plant Closings, Community Abandonment, and the Dismantling of Basic Industry, New York: Basic Books.
Rodwin, L. and Sazanami, H. (eds) (1989) Deindustrialization and Regional Economic Transformation: The Experience of the United States, Boston and London: Unwin Hyman.
Saeger, S.S. (1997) ‘Globalization and the Deindustrialization: Myth and Reality in the OECD’, Weltwirtschaftliches Archiv 133:579–608.
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