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RESTRUCTURING PRODUCTION IN THE WEST EUROPEAN STEEL INDUSTRY
Author(s) -
HUDSON RAY
Publication year - 1994
Publication title -
tijdschrift voor economische en sociale geografie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 55
eISSN - 1467-9663
pISSN - 0040-747X
DOI - 10.1111/j.1467-9663.1994.tb00680.x
Subject(s) - restructuring , production (economics) , capital (architecture) , element (criminal law) , economic geography , economic system , business , market economy , economics , economy , political science , geography , macroeconomics , finance , archaeology , law
Industrial restructuring is a necessary element in the process of capital accumulation. Restructuring denotes decisive qualitative changes rather than just quantitative changes in the organization of production. In this paper the recent (broadly post‐1974) restructuring of the West European steel industry is examined via consideration of the interplay between processes of change conceptualized as occurring at two levels of analysis: sectoral change on the one hand and the strategies of capital, labour and states on the other.