Abstract
Mature industries are the least popular among politicians and the media alike. They are understood to be outdated, problem-ridden and, worst of all, the main sources of unemployment. Coal, steel and textiles, the pillars of European economic reconstruction after World War II, have collapsed during the sixties and seventies. Even the car industry, after a recovery from the traumatic OPEC price-shock, has run into trouble again. When it comes to industries - and not only there - ‘maturity’ is but a euphemism for ‘decline’ - a decline which first of all is measured in terms of employment. The statistical evidence of this form of decline is unequivocal, and by all means justifies the term ‘deindustrialisation’.
Original language | English |
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Title of host publication | The Steel Industry in the New Millennium |
Subtitle of host publication | Vol. 1: Technology and the Market |
Publisher | CRC Press |
Pages | 187-194 |
Number of pages | 8 |
Volume | 1 |
ISBN (Electronic) | 9781040291450 |
ISBN (Print) | 9781861250193 |
DOIs | |
State | Published - 1 Jan 2024 |