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This paper deals with the drivers of deindustrialisation in major developed countries over the last two decades. In contrast to some recent studies, we show that the importance of manufacturing for the world economy has not declined during the examined period. We argue that the observed...
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past decades, and that deindustrialization has often set in at historically low levels of income. However, there is little … out "premature deindustrialization": first, it is mostly unskilled jobs that have disapp eared, and also the wage premium …, premature deindustrialization has been driven by occupations which are intensive in tasks that are vulnerable to an increasing …
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