This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These … explains less than one fifth of deindustrialization in the advanced economies. Moreover, the contribution of North-South trade … to deindustrialization has been mainly through its effects in stimulating labor productivity in Northern manufacturing …

financial-sector dominance – weakens domestic macroeconomic performance and results in premature deindustrialization. Similar … for exports as a result of induced premature deindustrialization). The result is a time-varying balance-of payments …

Republic of Korea, and discusses the recent deindustrialization debate. …

the paper shows a premature deindustrialization process since the 1970s, continuing to the present. We observe in the … accounts for two-thirds of total employment in the economy. The trend of persistent deindustrialization and high inequality is …