Screen LibraryThe new industrial world : manufacturing development in the course of the globalization age /
Romano and Traù analyse industrial development focusing upon the spreading of manufacturing activities beyond the boundaries of the advanced economies. They explain how this event has completely changed the nature of the relationship between the 'North' and the 'South' of the wor...
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| Main Authors: | |
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| Group Author: | |
| Published: |
Oxford University Press,
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| Publisher Address: | Oxford, United Kingdom : |
| Publication Dates: | [2023] |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
Romano and Traù analyse industrial development focusing upon the spreading of manufacturing activities beyond the boundaries of the advanced economies. They explain how this event has completely changed the nature of the relationship between the 'North' and the 'South' of the world linking them together on productive grounds through the development of global value chains. Providing an overall account of the reasons for the Globalization Age to rise and, in later years, to fall, the authors offer a new interpretation of the relationship between globalization and the upsurge of industrialization outside the advanced world, highlighting the role played by industrial policy in the building of manufacturing capabilities in emerging countries. Starting with the great financial crisis that hit the world at the end of the first decade of the 2000s, Romano and Tra̮ explain how a 'new normal' has emerged, the basic features of which can be found in a slowdown of manufacturing growth rates, and in the comeback of distance as a key determinant of economic behaviour (also in light of the upsurge, in later years, of exogenous shocks such as the pandemic and Russian-Ukrainian war). |
| Carrier Form: | viii, 196 pages : illustrations, forms ; 24 cm |
| Bibliography: | Includes bibliographical references (pages [172]-186) and index. |
| ISBN: |
9780192873736 0192873733 |
| Index Number: | HD9720 |
| CLC: |
F403-09 F407 |
| Call Number: | F407/R759 |
| Contents: | Introduction -- 1. The rise of the globalization age -- 2. A new landscape for world manufacturing production. Old and new industrial countries at the dawn of the new Millennium -- 3. Heterogeneous paths to industrialization in the post-war years -- 4. Building a new taxonomy of manufacturing countries -- 5. The role of external demand in manufacturing development -- 6. The fall of the globalization age -- Conclusion. |