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Article Dans Une Revue The TSEconomist Student Magazine Année : 2015

Re-Industrialisation: A Panacea for Economic Recovery ?

Résumé

Economic growth typically entails a re-allocation of labour away from industrial production, but it does not all by itself lead to falling industrial output. The decline of industrial production in the US and France in the past thirty years is to some extent due to capital exports, but especially to government interventionism in the form of mushrooming labour labours, business and financial regulations, education policies, social security funding, and taxation. This decline cannot be stopped through more interventions, even if they are designed with the good intention to reindustrialise the country.
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hal-02528775 , version 1 (02-04-2020)

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  • HAL Id : hal-02528775 , version 1
  • OKINA : ua13106

Citer

Guido Hulsmann. Re-Industrialisation: A Panacea for Economic Recovery ?. The TSEconomist Student Magazine, 2015, 9, pp.28-29. ⟨hal-02528775⟩
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