Problem
Uncoordinated global restructuring of production
Other Names:
Unplanned industrial restructuringConstraints upon integrated global production
Nature:
Industrial restructuring – the process of continuous change in the world pattern of production – is a logical consequence of growth and necessary for continued development. It is one aspect of the trend towards world interdependence and is marked by rapid growth and the shift of industrial activity away from the old industrial centres and towards the newly developed countries. Focus of technological development on a few industries and the commercial uncertainty of developing new processes has made government assistance (financial, technical, scientific and material) a necessity in these science-intensive industries. This has led to increased efficiency of such industries in developed countries, where government support is available, and a relative lagging behind of the traditional industries (such as textiles, clothing, leather, pulp and paper) in these countries. These latter industries have in consequence expanded rapidly in the developing countries, resulting in global specialization.
Broader Problems:
Social hardships of economic reformLimited approaches to economic planningEconomic and industrial production instabilityFaltering structural adjustment in the world economy Narrower Problems:
Inadequate trade-related structural adjustments Related Problems:
Outdated production line methodsDelocalization of production facilities Aggravates:
Obsolete industriesLabour displacementGlobal economic stagnationInadequate production capacityOver-production of commoditiesUnequal distribution of production among countriesImbalance in economic relationships among countriesDependence of countries on export of limited range of raw materials References:
Ayres, Robert U and Simonos, Udo E: Industrial Metabolism: restructuring for sustainable development Subject(s):
Industry → Industry Industry → Production
International Relations → Planetary initiatives
Management → Planning
Societal Problems → Restrictions
Society → Countries
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
16.10.2020 – 17:47 CEST