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논문 기본 정보
- 자료유형
- 학술대회자료
- 저자정보
- 발행연도
- 2010.3
- 수록면
- 17 - 28 (12page)
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초록· 키워드
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This paper discusses the causes and implications of the so-called ‘hollowing out’ of industry in Korea. The hollowing out of industry means deindustrialization of a country after domestically located industries move out to better places that enable them to regain lost international competitiveness. It is found that at present although there is no serious hollowing out of industry in Korea, it is nevertheless observed that there are some potential symptoms of this phenomenon in terms of the rate of decline of manufacturing employment, average domestic investment growth, the balance of payments, R&D location, and so on.
All advanced economies such as those of the UK and the USA have experienced a spectacular decline in the share of manufacturing employment phenomenon referred to as deindustrialization. Contrary to popular perceptions, however, deindustrialization is not a negative phenomenon, but is the natural consequence of industrial dynamism in an already developed economy. In the early 1990s, many industries became alarmed about the decline of manufacturing employment and the sharp rise in the share of jobs in services, Deindustrialization was said to be a cause of Korean economic decline that ultimately would affect everyone.
A new study by R. E, Rowthorn and R. Ramaswamy(1997), however, refuses to accept that manufacturing is good and services are bad, a notion that still remains in the back of many people’s minds, arguing instead that growth in service employment is actually a sign of economic strength, not weakness, The rise of the service sector is a worldwide phenomenon, and service employment has actually grown more rapidly in Europe and Japan, Deindustrialization, therefore, is not necessarily a symptom of the failure of a country’s manufacturing sectors but simply the natural outcome of the process of successful economic development.
All advanced economies such as those of the UK and the USA have experienced a spectacular decline in the share of manufacturing employment phenomenon referred to as deindustrialization. Contrary to popular perceptions, however, deindustrialization is not a negative phenomenon, but is the natural consequence of industrial dynamism in an already developed economy. In the early 1990s, many industries became alarmed about the decline of manufacturing employment and the sharp rise in the share of jobs in services, Deindustrialization was said to be a cause of Korean economic decline that ultimately would affect everyone.
A new study by R. E, Rowthorn and R. Ramaswamy(1997), however, refuses to accept that manufacturing is good and services are bad, a notion that still remains in the back of many people’s minds, arguing instead that growth in service employment is actually a sign of economic strength, not weakness, The rise of the service sector is a worldwide phenomenon, and service employment has actually grown more rapidly in Europe and Japan, Deindustrialization, therefore, is not necessarily a symptom of the failure of a country’s manufacturing sectors but simply the natural outcome of the process of successful economic development.
목차
Ⅰ. Introduction
Ⅱ. The Cause of Inudstrial Hollowing-Outs
Ⅲ. The Hollowing Out of Inudstries in Korea
Ⅳ. Countermeasures and Implications
References
SUMMARY
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