Third World competition and de-industrialisation in advanced countries
研究了第三世界快速工业化及其制成品出口是否导致发达国家去工业化,以英国1970年代数据为例,发现当时贸易反而增加了产出和就业,但未来可能引发失衡和去工业化。
Rapid industrialization in the third world during the last three decades and the continuing fast expansion of the South's manufacturing exports to the advanced countries has raised the question whether these have, or will in the future, lead to "deindustrialization" in the North. This paper provides a consistent conceptual framework for analyzing this issue, which is then applied to the experience of the U.K. economy. It is concluded that, in the 1970s, U.K. manufacturing trade with the South lead to an increase, rather than a decline, in output and employment. However, the paper also provides evidence that in the future this trade is likely to become a source of disequilibrium and may contribute to deindustrialization. Copyright 1989 by Oxford University Press.