Deindustrialization - which can be defined as the decrease in contribution to total employment and GDP by the manufacturing industry - has been a major concern for most of the developed countries in North America and Europe. This presentation focused on several key issues. First, it assessed whether Japan and Korea, two countries known as manufacturing superpowers, were experiencing deindustrialization and to what extent. Second, it tried to identify the mechanisms behind industrial dynamics in these two countries and whether deindustrialization could be detrimental for them in terms of GDP growth potential or social outcomes. Finally, it analyzed the potential solutions in terms of public policies.
- Sebastien Lechevalier, Associate Professor, EHESS
- Discussant - Zsolt Darvas, Research Fellow, Bruegel
- Chair - Guntram Wolff, Deputy Director of Bruegel
- Venue: Bruegel, Rue de la Charité 33, 1210 Bruxelles
- Time:19 June 2012, 12:45 - 14:30
- Contact: firstname.lastname@example.org
Bruegel is conducting a funded research project aimed at analyzing, comparing and identifying synergies between EU and Korea macroeconomic policies, financial regulations and internationalization of the financial services industry in the EU and Korea. Click here to find out more.
We also have a dedicated section on our blog monitoring the relationship between EU and Korea.