Uncoordinated global restructuring of production

Other Names:
Unplanned industrial restructuring
Constraints upon integrated global production

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.

Related UN Sustainable Development Goals:
GOAL 9: Industry, Innovation and InfrastructureGOAL 12: Responsible Consumption and ProductionGOAL 16: Peace and Justice Strong Institutions
Problem Type:
F: Fuzzy exceptional problems
Date of last update
16.10.2020 – 17:47 CEST