ABSTRACT
Globalization has deeply affected the industrial structures in both developed and developing economies. In the course of globalization, rapid industrialization observed in Asian and particularly Southeast Asian countries helped drive their successful economic growth. During the same period, deindustrialization turned to be one of the major problem in the other parts of the globe. Deindustrialization, in general, can be defined as the outcome of the tow different economic environments which are also shaped by different economic policies: structural change and globalization. Before 1990’s, national policies, particularly industrial policies in developing countries, could affect the speed and the intensity of deindustrialization due to structural change. However, with the deepening of globalization, national policies have been completely dismissed as the obstacle of the international competition. The aim of the paper is to discuss the deindustrialization as one of the consequences of the globalization. To this end, we focus on selected developed and developing country examples from different geographies. We observed that the share of manufacturing sector in GDP declined and the technological composition of the manufacturing changed in all countries considered in the paper. On the other hand, the quality of the manufacturing sector in terms of technology intensity differs among these countries
Keywords : Industrial policies, deindustrialization, developed countries, developing countries