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Deindustrialization, Distribution, and Development: Structural Change in the Global South (in English)
Andy Sumner
(Author)
·
Oxford University Press, USA
· Hardcover
Deindustrialization, Distribution, and Development: Structural Change in the Global South (in English) - Sumner, Andy
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Synopsis "Deindustrialization, Distribution, and Development: Structural Change in the Global South (in English)"
The term rust belt has rarely been associated with developing countries. In fact, it is commonly used to discuss deindustrialization in advanced nations, particularly the US. However, this book argues that such a belt is now threatening the middle-income developing world, spreading acrossBrazil and other countries in Latin America, running down across South Africa, and then upwards to Malaysia, Indonesia, Thailand, and the Philippines in South East Asia. Deindustrialization, Distribution, and Development: Structural Change in the Global South explores the emergent processes of stalled industrialization and the spectre of deindustrialization in these developing countries. Building upon the author's previous work on economic development, structuralchange, and income inequality, this book examines the causes and consequences of these new issues, focusing on inequality both between and within countries since the Cold War. Providing a comparative, in-depth analysis of the varieties of contemporary structural change in the Global South and challenging many long-standing myths, this work explains why late development remains a crucial concept in understanding contemporary development and explores whatdeindustrialization means for the future of global development.