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Third World Competition and De-industrialisation in Advanced Countries

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  • Singh, Ajit

Abstract

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.

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Bibliographic Info

Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

Volume (Year): 13 (1989)
Issue (Month): 1 (March)
Pages: 103-20

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Handle: RePEc:oup:cambje:v:13:y:1989:i:1:p:103-20

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Citations

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Cited by:
  1. Singh, Ajit, 2004. "Standing on the crossroads: The Indian economy in the 21st century," MPRA Paper 53432, University Library of Munich, Germany.
  2. Howes, C. & Singh, A., 1999. "National Competitiveness, Dynamics of Adjustment and Long-term Economic Growth: Conceptual, Empirical and Policy Issues," Accounting and Finance Discussion Papers 00-af43, Faculty of Economics, University of Cambridge.
  3. Amsden, Alice & Singh, Ajit, 1993. "The optimal degree of competition and dynamic efficiency in Japan and Korea," MPRA Paper 54982, University Library of Munich, Germany.
  4. Singh, Ajit & Zammit, Ann, 1994. "Employment and unemployment: North and South. Notes for a global development agenda for the 1990s," MPRA Paper 54989, University Library of Munich, Germany.
  5. Howes, Candace & Singh, Ajit, 1994. "Long term trends in the world economy: the gender dimension," MPRA Paper 54993, University Library of Munich, Germany.
  6. Singh, Ajit, 1995. "'Openness' and the 'Market Friendly' approach to development: learning the right lessons from development experience," MPRA Paper 54988, University Library of Munich, Germany.
  7. Singh, Ajit, 1995. "Close" vs. "Strategic" integration with the world economy and the "market friendly approach to development" vs. an "industrial policy," MPRA Paper 53562, University Library of Munich, Germany.
  8. Singh, Ajit, 1995. "Emerging markets, industrialisation and economic development," MPRA Paper 54985, University Library of Munich, Germany.
  9. Singh, Ajit, 2007. "Globalisation, industrial revolutions in India and China and labour markets in advanced countries : implications for national and international economic policy," ILO Working Papers 397934, International Labour Organization.
  10. Helen Louri & Ioanna Pepelasis Minoglou, 2001. "A Quantitative Exploration on the Determinants of (De-)Industrialisation: The case of Greece," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(4), pages 397-410.
  11. Singh, Ajit, 1995. "Institutional requirements for full employment in advanced economies," MPRA Paper 54990, University Library of Munich, Germany.
  12. Ansari, Mohammed I., 1995. "Explaining the service sector growth: An empirical study of India, Pakistan, and Sri Lanka," Journal of Asian Economics, Elsevier, vol. 6(2), pages 233-246.
  13. Ajit Singh & Ann Zammitt, 2003. "Globalisation, labour standards and economic development," ESRC Centre for Business Research - Working Papers wp257, ESRC Centre for Business Research.
  14. Ajit Singh & Sukti Dasgupta, 2005. "Will services be the new engine of economic growth in India?," ESRC Centre for Business Research - Working Papers wp310, ESRC Centre for Business Research.
  15. Singh, Ajit, 1996. "The Asia-Pacific developing countries and the new world trading system: a historical overview of emerging policy issues," MPRA Paper 54987, University Library of Munich, Germany.
  16. Singh, Ajit, 2007. "Globalization and Industrial Revolutions in India and China: Implications for Advanced and Developing Economies and for National and International Policies," MPRA Paper 24286, University Library of Munich, Germany.

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