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Premature De-industrialisation
Premature de-industrialisation is a phenomenon in which a country's industrial sector experiences a decline in productivity, employment, and output, despite still being in the early stages of economic development.
This is in contrast to the traditional pattern of de-industrialisation, which typically occurs later in a country's economic development, after it has reached a high level of industrialisation and income.
See also
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What is Premature De-industrialisation?
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