Industrialization
in sentence
315 examples of Industrialization in a sentence
There are good reasons why the US adopted policies that encouraged poorer countries to grow rapidly through export-led
industrialization.
The United States had ghost towns and local bank busts once it began investing in railways, mining, and
industrialization
in the mid-nineteenth century.
Though LGFVs carry some intrinsic risks, stemming from relatively low levels of transparency and government supervision, they have been integral to China’s
industrialization
process so far.
Indeed, they emerged in the early 1990s to enable Shanghai and Guangdong to upgrade their infrastructure in preparation for their
industrialization
drive.
In the years between the end of Russia’s
industrialization
in the 1960s and the introduction of Perestroika two decades later, the country experienced a long period of stagnation.
Rapid
industrialization
and development have lifted millions of Chinese out of poverty, but often at the cost of great human suffering.
More than 60% of the world’s obese people live in developing countries, where rapid
industrialization
and urbanization are boosting incomes and therefore calorie intake.
But Africa has not managed to take part fully in industrialization, a failure that has caused it to lag behind the rest of the developing world since the 1970s.
“Industrial policy 2.0” assumes that the state does have a legitimate role in spurring industrialization, as long as it focuses on reinforcing comparative advantages.
Small wonder, then, that China has been the first G20 country to recognize the importance of supporting African
industrialization.
It seems only fitting that China and Italy should work together to seize the opportunity presented by African industrialization, integrate the continent’s workers into global value chains, and ensure the fair distribution of the resulting gains.
As Chinese President Xi Jinping and his Italian counterpart Sergio Mattarella prepare for a bilateral summit later this month, they would do well to add Africa’s
industrialization
to their agenda.
Joseph Stalin’s
industrialization
killed millions – and became obsolete in only 30 years.
This calls for diversification of production, urbanization, and industrialization, which in turn require policy interventions that may lie at considerable distance from the poor (such as fixing regulations or targeting the value of the currency).
South Korea and Taiwan grew on the back of rapid
industrialization.
As a result, services have proved to be a poor substitute to export-oriented
industrialization
so far.
For developing economies, the three key growth fundamentals are acquisition of skills and education by the workforce; improvement of institutions and governance; and structural transformation from low-productivity to high-productivity activities (as typified by industrialization).
It is time for the world to embed resilience to disasters into the
industrialization
process and the development of towns and cities, accounting for factors like seismic threats, flood plains, coastal erosion, and environmental degradation.
As global investors navigate the uncertain waters of emerging markets in the next few years, they should remember that, for these economies, the wave of
industrialization
and urbanization and the associated productivity gains are far from over.
It must also confront the huge, family-controlled chaebols – such as Hyundai, LG, and Samsung – that contributed significantly to rapid
industrialization
and technological advancement but also block competition from start-ups and SMEs, stifling dynamism and innovation.
All this means that the process of
industrialization
in China still has a long way to go.
During this long process of industrialization, wages will increase gradually, but it is very unlikely that they will grow at the same rate as labor productivity.
The wave of
industrialization
and urbanization that is boosting the incomes of millions of people in emerging economies has not run its course.
But biomedical research has yet to achieve the kind of productivity increases that accompanied the
industrialization
of combustion, electricity, and electronics.
In the future, conflicts will increasingly be about water quality, as irrigation practices, industrialization, and urbanization contribute to rising pollution levels.
To be sure, authoritarian rule can manage the early stages of
industrialization.
His call to "look East" marked the beginning of an ambitious
industrialization
policy that culminated, during his 10th year in power, with the Vision 2020 plan to catch up with Western levels of development.
Having overcome the inertia of communal suspicions and dynastic traditions, Mahathir was able to drive the country onto a course of rapid
industrialization.
The first Chinese factor is the authorities’ focus on “urbanization” as an end in itself, rather than as a byproduct of
industrialization.
If Africa’s smallholder farmers had easier access to markets, economic growth would naturally accelerate, and
industrialization
would eventually follow.
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