DEINDUSTRIALIZATION IN THE GLOBALIZATION ERA: Examining the Relationship between Globalization and Industrialization in Developing Economies
Industrialization has been the key engine for economic growth in the developed world, and currently these economies are substituting away from manufacturing towards services. The alarming trend is that developing countries are doing so as well to an even greater extent and at a lower level of GDP and development. This phenomenon of deindustrialization is premature for developing economies as they
