The Structural Crisis of a Regional Economy. A Case-Study: The Walloon Area

Louis E. Davin
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Louis E. Davin: Université de Liège

Chapter 6 in Backward Areas in Advanced Countries, 1969, pp 113-143 from Palgrave Macmillan

Abstract: Abstract Like other areas where industrialisation started early, the Walloon area suffers from a structural maladjustment due, on the one hand, to the high cost of the energy used (in this case, Belgian coal) and on the other hand to trade deficiencies in certain industrial sectors, even when technical progress is most advanced, as it is in metal industries or in chemicals. These particular sectors, including iron and steel industries, have specialised in branches of production the demand for which increases very slowly or even declines.

Keywords: Coal Mine; Regional Economy; Steel Industry; Foreign Worker; Development Area (search for similar items in EconPapers)
Date: 1969
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15315-2_6

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DOI: 10.1007/978-1-349-15315-2_6

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