de-industrialization

de-industrialization

a sustained fall in the proportion of national output accounted for by the industrial (manufacturing, construction, etc.) sector of the economy. See STRUCTURE OF INDUSTRY.
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He noted that due to de-industrialization in the past, the country's export had decreased and linked the provision of employment opportunities with growth of industry.
They said unless the government takes concrete measures to rescue the local industry, this situation would result in rapid de-industrialization and closure of the local industry.
ISLAMABAD: Adviser to Prime Minister on Commerce, Textiles, Industry and Industries Abdul Razak Dawood on Monday said that due to economic reforms' measures, the government has stopped the de-industrialization from country that started from last decade.
In 2008, the so-called Zimbabwe Crisis was full blown, says Kamete, with political, economics, and social turmoil characterized by hyperinflation, de-industrialization, polarization, and persistent repression.
Therefore, no additional tax should be imposed on the manufacturing sector which will lead to further de-industrialization and shrinkage of GDP.
De-industrialization manifested itself in the closure of 5000 industrial units, downsizing and restructuring of State Owned Enterprises (SOEs), decline in investments, migration of industrial units that became non-viable due to escalation in their cost of production rendering millions unemployed.
Adolfo Meisel (AM): Well, it is true that we have had, in recent years, a process of de-industrialization. Industry, as a percent of GDP (Gross Domestic Product), has gone down, but I attribute this to a set of factors not all of which are necessarily bad or negative.
The committee members called for private sector commercial counselors, improvement in balance of trade and tackling de-industrialization.
He further stated that de-industrialization is a major issue.
They say that in the past three decades, there has been a trend of de-industrialization in Macedonia as the contribution of industry to GDP has been halved.
49/23 of 26.11.2013 concerning the distribution of the resources identified in lr 1/2009 in favor of municipalities participating in the program for increasing the forest heritage in areas affected by serious forms of de-industrialization - cig 7250668085.
As a backgrounder, the term 'Dutch disease' refers to the de-industrialization of a country when the discovery of a natural resource abundance makes the said country dependent on the exploitation and exportation of the said resource to the neglect of manufacturing.