Franklin

Deindustrialization [electronic resource] : Causes and Implications, Ramaswamy, Ramana.

Author/Creator:
Ramaswamy, Ramana.
Publication:
Washington, D.C. : International Monetary Fund, 1997.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 97/42.
IMF Working Papers; Working Paper No. 97/42
Format/Description:
Government document
Book
1 online resource (38 p.)
Local subjects:
Agricultural employment.
Domestic employment.
Employment.
Employment data.
Employment share.
Employment shares.
Employment structure.
High unemployment.
Industrial countries.
Industrial employment.
Industrial relations.
Mass production.
Productivity growth.
Rates of unemployment.
Rising unemployment.
Service sector.
Services employment.
Services sector.
Share of employment.
Structure of employment.
Total employment.
Unemployment.
Unemployment rate.
United States.
Summary:
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.
Notes:
Description based on print version record.
Contributor:
Ramaswamy, Ramana.
Rowthorn, Bob.
Other format:
Print Version:
ISBN:
1451975821:
9781451975826
ISSN:
1018-5941
Publisher Number:
10.5089/9781451975826.001
Access Restriction:
Restricted for use by site license.
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