The De-industrialization of New Zealand
DOI:
https://doi.org/10.26686/lew.v0i0.997Keywords:
deindustrialisation, manufacturing, industrial policy, economic growth, economic structureAbstract
Deindustrialisation is the phenomenon of the secondary sector growing more slowly than the rest of the economy, whether measured by share of GDP or of employment. Almost all rich OECD countries have been experiencing it. However New Zealand has been deindustrialising faster than the OECD average (even if the energy based industries developed in the 1980 S are included). The paper describes the phenomenon, and discusses why it has happened.1
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