Based on interviews with 240 workers from 12 firms in the textile and metalworking industries conducted between November 1995 and March 1996, group interview discussions with representatives of workers' committees and management, discusses the effect of structural adjustment on two sub-sectors of manufacturing, on labour relations, and on coping strategies of workers.
Divided into three parts, this volume covers industrial restructuring in Southeast Asian economies, restructuring in Asia's newly industrialized economies, and industrial restructuring in the two large Asian economies.
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.
Change is a permanent feature of market economies. What is new in today's world is the pace, breadth and depth of economic change and the industrial restructuring that this entails. Over the past two decades, industrialized countries have witnessed a level of industrial restructuring which, in its scope and tempo, has probably been without historic precedent.[...] A central question has become whether labour standards impede necessary changes in economic units, industrial structures, and employment groth, as the well-established current of neoliberal thinking would maintain or whether, on the contrary, labour standards and the institutions through which they are delivered constitute viable channels for industrial innovation, economic dynamism, and sustainable development, as another school of academics, policymakers and practitioners would hold. The present volume directly addresses this debate and contains a number of contributions which lay out the arguments for and against labour standards in relation to economic performance [...] provides analyses of industrial restructuring at the firm, industry, regional, national and international levels, and includes detailed case studies of experiences in Germany, Sweden, France, Italy, the United States, Canada and Australia [...] develops conceptual perspectives on labour standards, provides comparative overviews of their impact, and trace the evolution of labour standard-setting at the level of the European Community and in the international economy.
Under free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation, and de-industrialization, and what can be done to produce a turnaround? This book addresses these questions in revealing detail.
"Koistinen puts the ‘political’ back in political economy in this fascinating account of New England’s twentieth-century industrial erosion. First-rate research and sound judgments make this study essential reading."--Philip Scranton, Rutgers University--Camden "Well-organized and clearly written, Confronting Decline looks at one community to understand a process that has become truly national."--David Stebenne, Ohio State University "Koistinen’s important book makes clear that many industrial cities and regions began to decline as early as the 1920s."--Alan Brinkley, Columbia University "Sheds new light on a complex system of enterprise that sometimes blurs, and occasionally overrides, the distinctions of private and public, as well as those of locality, state, region, and nation. In so doing, it extends and deepens the insights of previous scholars of the American political economy."--Robert M. Collins, University of Missouri The rise of the United States to a position of global leadership and power rested initially on the outcome of the Industrial Revolution. Yet as early as the 1920s, important American industries were in decline in the places where they had originally flourished. The decline of traditional manufacturing--deindustrialization--has been one of the most significant aspects of the restructuring of the American economy. In this volume, David Koistinen examines the demise of the textile industry in New England from the 1920s through the 1980s to better understand the impact of industrial decline. Focusing on policy responses to deindustrialization at the state, regional, and federal levels, he offers an in-depth look at the process of industrial decline over time and shows how this pattern repeats itself throughout the country and the world.
Productivity and American Leadership examines and analyzes the long-run productivity performance of the United States, comparing it with that of the other industrialized nations. It shows that the U.S. record, both recent and over longer periods, is far better than is widely believed.William J. Baumol is Professor of Economics at Princeton University and New York University. Sue Anne Batey Blackman is Senior Research Assistant in the Department of Economics at Princeton University. Edward N. Wolff is Professor of Economics at New York University.
The recent economic troubles of Mexico should have surprised no one, for the Mexican economy is an unhealthy one whose basic problems extend back to the nineteenth century - that is the major theme of this study of the formative years of industrialization in Mexico. The author focuses on the forces - economic, political, and technological - that have thwarted Mexican efforts to become a competitive member of the international economic community. Unlike most previous studies, which have relied on aggregate data published by the Mexican government that lump together all industries and all firms, this study is based almost entirely on new material concerning individual companies and individual entrepreneurs. This approach enables the author to examine a wide range of new questions. What were the social origins of Mexico's industrial entrepreneurs? What was their relation to the government of Porfirio Diaz? How profitable were the major manufacturing companies? What effects did the Revolution of 1910-1917 have on the nation's physical plant and on investor confidence? What strategies did firms follow to protect their markets and to prevent competition? The author argues that the roots of modern Mexican industrialization are not to be found in the restructuring of the Mexican economy associated with the Revolution (indeed he contends that the Revolution's effect on the economy has been exaggerated) or in the economic growth stemming from World War II. Rather, he sees the Porfiriato as the decisive era in Mexico's industrialization. By examining the economic constraints on large-scale industrialization during the Porfiriato, he explains the factors that led to an industrial sector marked by concentration of ownership, oligopoly and monopoly production, the inability to compete in international markets, and the need for constant government protection and subsidies.
De-industrialization processes have accompanied industrialization from the start, both regionally and globally. Most historical studies of de-industrialization focus on economic issues, including structural causes and forms of unemployment. Much less attention is usually paid to the social and cultural aspects. What are the consequences of de-industrialization for working-class families and their communities? How does de-industrialization affect working-class culture, trade unions traditional labour parties, and the regional social, educational and cultural infrastructure? Are gender relations changed by de-industrialization? The essays here propose a wide scope for the study of industrial devolution.