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The Analysis Of U.S."Re-industrialization" Strategy And Its Impact

Posted on:2015-08-12Degree:MasterType:Thesis
Country:ChinaCandidate:Y ChuFull Text:PDF
GTID:2309330431486116Subject:World economy
Abstract/Summary:PDF Full Text Request
The outbreak of the economic crisis sweeping the globe in2008, the United Statesbear the brunt of the financial turmoil in the center of the economy has been badly hit,GDP growth stagnated. The economic crisis started in the financial derivatives markethas aroused widespread public reflection on the current U.S. real economy hollowing out,the popularity of the virtual economy economic model. The U.S. government is aware ofthe impact over the years due to the industrialization process; the domestic industry had agreat recession, a serious imbalance in the country’s economic structure so that theUnited States lacks sufficient resilience in the face of the financial crisis. Thus, beginningin2009, the U.S. government vigorously promotes the "re-industrialization" policy,expressing determination to return to the real economy in order to balance the country’seconomic structure and to the U.S. economy to pick up soon. However, despite the " re-industrialization" The purpose of the strategy is to revitalize the real economy looks to beremedied to carry out industrial decline caused by industrialization, but the re-industrialization of the core, and not simply to support traditional industries, but tosupport government policies under the traditional industrial transformation and promotethe development of new industries as a means core purpose is to allow the United Statesto lead the new changes in the world of manufacturing, so that the United States has amanufacturing towards knowledge-intensive, high value-added, high-tech industrieswidely institutional development, ensure the competitiveness of U.S. manufacturing fora long time ahead of the world.Despite suffering major losses during the financial crisis, the domestic industry forseveral decades and because the process of de-industrialization and a severe recession,the U.S. is still the world’s largest economy and the world’s largest industrial countries."Re-industrialization" strategy has a strong capital, good industrial base and stronggovernment support as a backup, regardless of the final outcome, no doubt that thisstrategy will inevitably have a significant impact on the global manufacturing market, related industrial chain may usher in a new round of reshuffle, and the world economicenvironment will therefore be a huge hit. Both developed and developing countries, there-industrialization strategy has a strong research value, the behavior of the U.S.economy through the various stages of thinking, to avoid their mistakes, learn from theirsuccess; both for their own development or for the world economic stability are of greatsignificance.Article is divided into five parts. The first part introduces the background andsignificance of this paper, and the research scholars of re-industrialization strategysummarizes and reviews; the second part of the review of the history of the U.S.economy, systematically expounded the United States from the19th century to the afterthe historical evolution from "industrialized " to " de-industrialization " and then "re-industrialization" of the early21st century. The third part describes the implementationof the " re-industrialization " strategy background, gives a definition of re-industrialization, in-depth to explore the core objectives of the strategy and through theinterpretation of the smile curve theory confirms the essence of the re-industrializationstrategy, the end of this section is standing for re-industrialization of political economicsperspective strategic analyzes; part IV analyzes the re-industrialization strategy, meansof implementation, factors and preliminary results. Finally, Part V describes the "re-industrialization" strategy and its impact on the world of his country, combined withEnlightenment made several policy recommendations, writing content for the text of asummary.
Keywords/Search Tags:American, De-industrialization, Re-industrialization, Manufacturing
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