Reindustrialization – Assumptions and Landmarks

Authors

  • Радмило В. Тодосијевић A full-time professor retired
  • Ђоко Н. Малешевић A full-time professor retired

DOI:

https://doi.org/10.7251/ACE1522169T

Keywords:

economy, system, industrialization, technical progress, investment, development

Abstract

Development of the industry as a general development strategy is no longer possible in a classical way? Reindustrialization as a concept of development with model approach almost betrays. Some think that the industrialization is the most promising way for the development of underdeveloped countries. However, today it contradicts some elements of development strategy turned toward the corporate economies in which companies have the element of discretion with regard to the goals they set. In this paper we ask the question: what is the task of reviving the economy and we are trying to identify the dilemmas and to process responses. Everything is related to radical changes and technological breakthroughs. The change is in directly proportional relationship to the degree of complexity of the product. Through their products the companies ft into their changeable environment. The industry industrializes almost all areas of human activity. It is the basis of scientifc and technical progress. The degree of its strength determines the level of concentration of personnel, capacities and resources, which is the holy trinity of economic science and economic practice. What the practitioner should decide? The answer is in the macro analysis of the economic structure and power with the landmarks for a long-term projection. The lag of production and development of predominantly service economy are evident through deindustrialization, which contradicts desirable development strategies of countries in transition. The manufacturing sector is the victim, so the survival seems to be the main strategy.

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Published

2015-02-28

How to Cite

Тодосијевић, Р. В., & Малешевић, Ђ. Н. (2015). Reindustrialization – Assumptions and Landmarks. Acta Economica, 13(22), 169–189. https://doi.org/10.7251/ACE1522169T

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