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Reindustrialization
Reindustrialization is the economic, social, and political process of organizing national resources for the purpose of reestablishing industries in response to deindustrialization. Interpretations China, India and Southeast Asia were industrial powerhouses for major parts of human history. These countries and regions suffered great loss of industrial production due to Industrial Age colonization. After many decades of independence, these countries have started reindustrializing themselves. In the last three decades, the share of these countries in global industrial output has increased manyfold. In context of declining share of OECD in world GDP and outsourcing of manufacturing and services, reindustrialization is considered as a contrast to deindustrialization, the process under which industry, especially manufacturing, is relocated outside of a country's borders, and seeks to reverse that trend. No longer the preserve of BRIC (Brazil, Russia, India and China) or Southeast A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deindustrialization
Deindustrialization is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially of heavy industry or manufacturing industry. There are different interpretations of what deindustrialization is. Many associate American deindustrialization with the mass closing of automaker plants in the now so-called Rust Belt between 1980 and 1990. The US Federal Reserve raised interest and exchange rates beginning in 1979, and continuing until 1984, which automatically caused import prices to fall. Japan was rapidly expanding productivity during this time, and this decimated the US machine tool sector. A second wave of deindustrialization occurred between 2001 and 2009, culminating in the automaker bailout of GM and Chrysler. Research has pointed to investment in patents rather than in new capital equipment as a contributing factor.Kerwin Kofi Charles et al. (201The Transformation of Manufacturing an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retrofitting
Retrofitting is the addition of new technology or features to older systems. Retrofits can happen for a number of reasons, for example with big capital expenditures like naval vessels, military equipment or manufacturing plants, businesses or governments may retrofit in order to reduce the need to replace a system entirely. Other retrofits may be due to changing codes or requirements, such as seismic retrofit which are designed strengthening older buildings in order to make them earthquake resistant. Retrofitting is also an important part of climate change mitigation and climate change adaptation: because society invested in built infrastructure, housing and other systems before the magnitude of Effects of climate change">changes anticipated by climate change. Retrofits to increase building efficiency, for example, both help reduce the overall negative impacts of climate change by reducing building emissions and environmental impacts while also allowing the building to be more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emmanuel Macron
Emmanuel Jean-Michel Frédéric Macron (; born 21 December 1977) is a French politician who has served as President of France and Co-Prince of Andorra since 2017. He was Ministry of Economy and Finance (France), Minister of Economics, Industry and Digital Affairs under President François Hollande between 2014 and 2016. He has been a member of Renaissance (French political party), Renaissance since he founded it in 2016. Born in Amiens, Macron studied philosophy at Paris Nanterre University. He completed a master's degree in public affairs at Sciences Po and graduated from the in 2004. He worked as a senior civil servant at the Inspection générale des finances, Inspectorate General of Finances and investment banker at Rothschild & Co. Appointed Élysée Palace, Élysée deputy secretary-general by President Hollande after 2012 French presidential election, the 2012 election, Macron was a senior adviser to Hollande. Appointed Economics Minister in 2014, in the second Valls g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protectionism
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors and raise government revenue. Opponents argue that protectionist policies reduce trade, and adversely affect consumers in general (by raising the cost of imported goods) as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries against which the protections are implemented. Protectionism has been advocated mainly by parties that hold economic nationalist positions, while economically liberal political parties generally support free trade. There is a consensus among economists that protectionism has a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Green Industrial Policy
Green industrial policy (GIP) is strategic government policy that attempts to accelerate the development and growth of green industries to transition towards a low-carbon economy. Green industrial policy is necessary because green industries such as renewable energy and low-carbon public transportation infrastructure face high costs and many risks in terms of the market economy. Therefore, they need support from the public sector in the form of industrial policy until they become commercially viable.Koh, Jae Myong (2018). ''Green Infrastructure Financing: Institutional Investors, PPPs and Bankable Projects''. London: Palgrave Macmillan. . Natural scientists warn that immediate action must occur to lower greenhouse gas emissions and mitigate the effects of climate change. Social scientists argue that the mitigation of climate change requires state intervention and governance reform. Thus, governments use GIP to address the economic, political, and environmental issues of climate ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrification
Electrification is the process of powering by electricity and, in many contexts, the introduction of such power by changing over from an earlier power source. In the context of history of technology and economic development, electrification refers to the build-out of the electricity generation and electric power distribution systems. In the context of sustainable energy, electrification refers to the build-out of super grids and smart grids with distributed energy resources (such as energy storage) to accommodate the energy transition to renewable energy and the switch of end-uses to electricity. The electrification of particular sectors of the economy, particularly out of context, is called by modified terms such as Mass production#Factory electrification, ''factory electrification'', ''household electrification'', ''rural electrification'' and ''railway electrification''. In the context of sustainable energy, terms such as ''transport electrification'' (referring to electric v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Of Trade
Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. Sometimes, trade in Service (economics), services is also included in the balance of trade but the official IMF definition only considers goods. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, List of countries by net exports, about 60 out of 200 countries have a trade surplus. The idea that a trade deficit is detrimental to a nation's economy is often rejected by modern trade experts and economists. Explanation The balance of trade forms part of the Current ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Line
Military supply-chain management is a cross-functional approach to procuring, producing and delivering products and services for military materiel applications. Military supply chain management includes sub-suppliers, suppliers, internal information and funds flow. Terminology A supply involves the procurement, distribution, maintenance while in storage, and salvage of supplies, including the determination of kind and quantity of supplies. United States Department of Defense definitions refer to a "producer phase" and a "consumer phase": *the producer phase of a military supply extends from determination of procurement schedules to acceptance of finished supplies by the military services *the consumer phase of a military supply extends from receipt of finished supplies by the military services, through issue for use or consumption. A supply chain is a set of linked activities associated with providing material from a raw material stage to an end user as a finished good. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Route
A trade route is a logistical network identified as a series of pathways and stoppages used for the commercial transport of cargo. The term can also be used to refer to trade over land or water. Allowing goods to reach distant markets, a single trade route contains long-distance arteries, which may further be connected to smaller networks of commercial and noncommercial transportation routes. Among notable trade routes was the Amber Road, which served as a dependable network for long-distance trade. Maritime trade along the Spice Route became prominent during the Middle Ages, when nations resorted to military means for control of this influential route. During the Middle Ages, organizations such as the Hanseatic League, aimed at protecting interests of the merchants and trade became increasingly prominent. In modern times, commercial activity shifted from the major trade routes of the Old World to newer routes between modern nation-states. This activity was sometimes car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Self-sufficiency
Self-sustainability and self-sufficiency are overlapping states of being in which a person, being, or system needs little or no help from, or interaction with others. Self-sufficiency entails the self being enough (to fulfill needs), and a self-sustaining entity can maintain self-sufficiency indefinitely. These states represent types of personal or collective autonomy. A self-sufficient economy is one that requires little or no trade with the outside world and is called an autarky. Description Self-sustainability is a type of sustainable living in which nothing is consumed other than what is produced by the self-sufficient individuals. Self-sustainability is a comprehensive approach to sustainable living that extends beyond mere environmental responsibility to encompass economic independence, reduced reliance on major corporations, and minimizing environmental impact through personal actions. Examples of attempts at self-sufficiency in North America include simple living, fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Security
National security, or national defence (national defense in American English), is the security and Defence (military), defence of a sovereign state, including its Citizenship, citizens, economy, and institutions, which is regarded as a duty of government. Originally conceived as protection against Offensive (military), military attack, national security is widely understood to include also non-military dimensions, such as the security from terrorism, minimization of crime, economic security, energy security, environmental security, food security, and Computer security, cyber-security. Similarly, national security risks include, in addition to the actions of other State (polity), states, action by violent non-state actors, by narcotic cartels, organized crime, by multinational corporations, and also the effects of natural disasters. Governments rely on a range of measures, including Political power, political, Economic power, economic, and military power, as well as diplomacy, to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military
A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. Militaries are typically authorized and maintained by a sovereign state, with their members identifiable by a distinct military uniform. They may consist of one or more military branches such as an army, navy, air force, space force, marines, or coast guard. The main task of a military is usually defined as defence of their state and its interests against external armed threats. In broad usage, the terms "armed forces" and "military" are often synonymous, although in technical usage a distinction is sometimes made in which a country's armed forces may include other paramilitary forces such as armed police. Beyond warfare, the military may be employed in additional sanctioned and non-sanctioned functions within the state, including internal security threats, crowd control, promotion of political agendas, emergency services and reconstruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
