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This study takes a closer look at the deindustrialization of the South Indian city of Bangalore with respect to its former cotton mill sector, nearly two decades after the closure of the first three composite cotton mills in the city. The study views deindustrialization from sectoral, city‐ and community‐centric perspectives. As well as identifying Bangalore as a significant site within the 'bygone mills' discourse in India, the article contributes to the less‐researched theme of deindustrialization in the global South. It provides a detailed look into the city's mill‐scapes, from their rise in the late 19th and early 20th centuries to their demise in the early 21st century, through a mix of archival evidence, spatial analysis and an interrogation of the collective memory of millworkers and their families. [ABSTRACT FROM AUTHOR]

• Deindustrialization may emerge in both developed and developing countries. One dimension of the industrialization trend is regional deindustrialization in a country. • Analyzes inter-state deindustrialization trends in the U.S. by dividing states into three income level groups (high, middle, and low). • Determines the turning points of inter-state deindustrialization in the U.S. and the difference in the rate of deindustrialization. • Conducts both time-series and panel data methodology. • Results show that the phenomenon of premature deindustrialization, which is historically observed in developing countries at a very lower GDP per capita income levels than developed countries, might exist at the regional level even in a developed country. The phenomenon of deindustrialization may emerge in both developed and developing countries. Besides deindustrialization is observable in different regions of a country. This study analyzes inter-state deindustrialization trends in the United States (the U.S.) from 1977 to 2017 by dividing states into three income level groups (high, middle, and low). Instead of specifying the factors, we determine the turning points of inter-state deindustrialization and the difference in the rate of deindustrialization by applying both time-series and panel data methodology. The results suggest that the deindustrialization hypothesis is valid in 38 out of 50 states, DC, and the U.S. at the country level. Furthermore, our results show that deindustrialization curves in lower-income states reach a turning point at lower per capita income levels and at an earlier time-span compared to higher-income state groups. Our findings indicate that premature/early deindustrialization, which is commonly stated for developing countries in the literature is also valid for different regions in a developed country, the U.S. in our case. [ABSTRACT FROM AUTHOR]

Recent research by economists has shown that deindustrialization is more severe in Sub-Saharan Africa and Latin America than it ever was in the Organisation for Economic Co-operation and Development (OECD). Nevertheless, most research on deindustrialization is focused on the former centres of Fordist manufacturing in the industrial heartlands of the North Atlantic. In short, there is a mismatch between where deindustrialization is researched and where it is occurring, and the objective of this paper is to shift the geographical focus of research on deindustrialization to the Global South. Case studies from Argentina, India, Tanzania and Turkey demonstrate the variegated nature of deindustrialization beyond the North Atlantic. In the process, it is demonstrated that cities in the Global South can inform wider theoretical discussions on the impacts of deindustrialization at the urban scale. [ABSTRACT FROM AUTHOR]

Employment in the industrial sector has decreased in all advanced countries, even though the sector's share in the gross domestic product (gdp) has not changed or has decreased only slightly in many cases, mostly because of improvements in labour productivity. Simultaneously, services have not stopped growing, reaching a share in developed economies of around 75%, sometimes higher, both in employment and contribution to nominal gdp. These processes have been the subject of extensive literature developed on the concepts of "deindustrialization" and "tertiarization", and on their possible explanations. Though delayed, these two far-reaching trends have taken, or are taking place, also in countries classified as middle-income or developing countries, giving rise to the concept of "premature deindustrialization". Various explanations have emerged around these issues, all of which have qualified the two major trends as worrisome. A common explanation suggests an industry-services contrast, where the trade-off between them appears as "the villain of the story"--borrowing an expression from the traditional theatre. This paper aims to show that this view is oversimplifying and wrong. What is observed in almost all economies is a process of growing integration between the two sectors, instead of a confrontation between them, and everything indicates that they will only integrate further in the coming years. The characteristics of such integration will be analyzed in the paper as well. [ABSTRACT FROM AUTHOR]

Various studies in developed countries have shown the emergence of feelings of nostalgia in working-class neighborhoods that underwent deindustrialization and the withdrawal of the Welfare State. However, such research is scarce in developing countries. This article analyzes the emergence of these senses of place in Zalatitán -a working-class neighborhood in Guadalajara-by relying primarily on ethnographic work. Faced with the retreat of the Welfare State, these spaces reveal a prolonged government neglect which has fostered senses of abandonment, degradation or fear. [ABSTRACT FROM AUTHOR]

This paper aims to analyze the behavior of a group of industrial multinational subsidiaries located in Brazil in the period 2003-2019. In this context, their surplus increased substantially because of the rise in commodity prices. For this reason, we intend to analyze the destination of the surplus towards non-productive uses. The methodology used incorporated accounting data that were processed to construct useful variables within the disciplinary framework of political economy and economics for economic development. Through this, it was possible to measure the capital flight and financial investments of the selected companies. This paper ties in with the debate on financialization, global productive changes and the forms these phenomena take in developing countries. Despite the surplus increase, the selected firms lost productive density because they promoted non-productive uses, in a general context of the Brazilian economy characterized by financialization and deindustrialization. [ABSTRACT FROM AUTHOR]

Contrary to predominant neoliberal ideology that argued higher economic growth rates would eventually lead to better results in terms of income distribution, the last three decades witnessed high economic growth rates accompanied by rising income inequalities in most countries worldwide. Abundance of natural resources in several developing countries had significant implications for their economic growth and subsequent income inequality levels. Further, neoliberal globalization manifested itself in increased foreign direct investment and trade openness impacted world economies significantly. This research examines the effects of natural resource dependency, neoliberal globalization, and state-institutional factors alongside the internal development model on income inequality in a set of 96 developing countries for the period 1980–2010. Models for Prais–Winsten regressions with panel corrected standard errors show that within the internal development model, population growth rates are the most significant factor in influencing income inequality levels. Natural resource dependency is equally important and is positively associated with increasing inequalities. More detailed analyses of different types of energy-rich countries reveal varying results exemplifying the importance of exploring how different types of natural resources might affect income inequality levels rather than their sheer magnitude. Consistent with previous research, foreign direct investment indicates a robust positive association with increasing income inequalities whereas trade openness exhibits a negative association signifying the positive effect deindustrialization that took place in advanced countries might have had on developing countries. Finally and counterintuitively, democracy is associated with higher income inequalities whereas institutional quality is negatively associated with income inequality. [ABSTRACT FROM AUTHOR]