Premature Deindustrialization

Premature Deindustrialization. Dani Rodrik, 2015, Paper. "I document a significant deindustrialization trend in recent decades, that goes considerably beyond the advanced, post‐industrial economies. The hump‐shaped relationship between industrialization (measured by employment or output shares) and incomes has shifted downwards and moved closer to the origin. This means countries are running out of industrialization opportunities sooner and at much lower levels of income compared to the experience of early industrializers. Asian countries and manufactures exporters have been largely insulated from those trends..." Link