Industrialization
in sentence
315 examples of Industrialization in a sentence
It has now largely caught up with the advanced countries in terms of infrastructure, trade, investment, and
industrialization.
Vietnam has based its growth on rapid industrialization, enabled by integration into a regional value chain centered in China.
Stalin thrived on the barbaric forced
industrialization
that planted the seeds of the communist system’s destruction.
That demographic trend could unlock future growth by advancing economic diversification, spurring domestic consumption, and supporting
industrialization.
This implies a slowdown in reforms that increase the private sector’s productivity and economic share, together with a greater economic role for state-owned enterprises (and for state-owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import-substitution
industrialization
policies, and imposition of capital controls.
Using terror and forced
industrialization
to try to make Russia great again, he sought to reassert imperial control over its former territories.
For three decades, successive governments have consistently and rigorously applied an economic model based on agriculture-led
industrialization.
Yet research on the impact of Chinese investment in Africa’s SEZs suggests that ties to local enterprises have been numerous and positive, and that they contribute to broader
industrialization
of the host economy.
It maintains lethargic, wasteful, unproductive, and well-connected firms at the expense of dynamic newcomers and outsiders, and favors declared goals such as industrialization, economic development, and national greatness over individuals’ economic freedom and responsibility.
But the lion’s share of this industrial haze – like the growing pollution of its coastal waters – is a direct result of the rapid
industrialization
of the Pearl River Delta across the border in China’s Guangdong Province.
Except for a handful of small countries that benefited from natural-resource bonanzas, all of the successful economies of the last six decades owe their growth to rapid
industrialization.
It requires an
industrialization
drive, accompanied by the steady accumulation of human capital and institutional capabilities to sustain services-driven growth once
industrialization
reaches its limits.
Without the
industrialization
drive, economic takeoff becomes quite difficult.
Moreover, rich countries are unlikely to be as permissive towards
industrialization
policies as they were in the past.
By the time WWI erupted, it should have been clear that
industrialization
and the transportation revolution had transformed warfare.
And African leaders are today busy establishing new alliances with their neighbors, improving business environments, and collaborating on
industrialization
projects.
One thing that all of these high-growth episodes had in common was rapid
industrialization.
Even in countries that are doing well,
industrialization
is running out of steam much faster than it did in previous episodes of catch-up growth – a phenomenon that I have called premature deindustrialization.
Once pushing
industrialization
at the expense of agriculture, African leaders routinely ignored ordinary farmers.
Though import substitution and subsidies were initially successful in igniting industrialization, lack of scale soon hindered efforts (a country of a few million cannot hope to have an auto industry aimed only at the domestic market).
Many African countries have yet to undergo the kind of transformation that is necessary for socially inclusive and environmentally sustainable development over the long term: namely,
industrialization.
Wherever
industrialization
has occurred, it has reliably improved economic diversification and helped to nurture, strengthen, and uphold the conditions for competitive growth and development.
Industrialization
is the key to helping Africa’s fast-growing population realize a demographic dividend.
UNIDO’s PCP provides countries with technical assistance, policy advice, and investments to help them design and implement
industrialization
strategies.
For much of modern history, export-driven
industrialization
and natural-resource wealth were viewed as the only mechanisms for sustained growth in the developing world.
Second, the forces of globalization and technological progress have combined to alter the nature of manufacturing work in a way that makes it very difficult, if not impossible, for newcomers to emulate the
industrialization
experience of the Four Asian Tigers, or the European and North American economies before them.
At the same time, the traditional engine of economic development –
industrialization
– is likely to operate at much lower capacity.
More important, export-oriented industrialization, history’s most certain path to riches, may have run its course.
Historically, such mobilizations have been the product of
industrialization
and urbanization, wars, or anti-colonial struggles.
The Perils of Premature DeindustrializationPRINCETON – Most of today’s advanced economies became what they are by traveling the well-worn path of
industrialization.
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