2023
DOI: 10.1093/oso/9780192873736.001.0001
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The New Industrial World

Livio Romano,
Fabrizio Traù

Abstract: The book argues that the logic of the industrialization process in the course of the Globalization Age—linking together the Global North and South on productive grounds—has been hinging upon quite exceptional conditions and that the gradual vanishing of such conditions asks for a rethinking of that logic. In the years following the great financial crisis, major changes relate to the slowdown in world output growth and in the return of distance as a key determinant of firms’ strategic decisions. In this connect… Show more

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