Deindustrialisation in the New Millennium

Erika Majzlíková
Additional contact information
Erika Majzlíková: University of Economics in Bratislava

Chapter Chapter 2 in Redefining Global Markets, 2024, pp 3-13 from Springer

Abstract: Abstract Majzlíková engages in a theoretical exploration of deindustrialisation, focusing in particular on the declining share of labour in manufacturing and the declining share of value added within the sector. Alongside a concise historical examination of the phenomenon, she presents current evidence of deindustrialisation in the new millennium. The author examines the main factors contributing to the decline of manufacturing, in particular the role of outsourcing, offshoring and their evolving dynamics within global value chains. In the second part of the chapter, Majzlíková raises critical questions about the continuing global nature of value chains and explores the benefits and challenges associated with regionalisation, including concepts such as nearshoring, backshoring, friendshoring and reshoring.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-031-56042-2_2

Ordering information: This item can be ordered from
http://www.springer.com/9783031560422

DOI: 10.1007/978-3-031-56042-2_2

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().