Finance
hollowing-out of industry
Turkish: Sanayinin icerikten yoksunlasmasi
English Definition
The gradual decline of a country's domestic manufacturing and industrial base as production shifts to lower-cost countries through offshoring and outsourcing. This phenomenon leads to job losses, weakened supply chains, and reduced technological capability in the affected economy. In economic policy, combating the hollowing-out of industry often involves targeted investment incentives, trade protection measures, and workforce retraining programmes.
Türkçe Tanım
Uretimin dis kaynak kullanimi ve yurt disi tasima yoluyla dusuk maliyetli ulkelere kaymasi sonucunda bir ulkenin yerel imalat ve sanayi tabaninin kademeli olarak gerlemesidir. Bu olgu, etkilenen ekonomide is kayiplarina, zayiflams tedarik zincirlerine ve azalan teknolojik kapasiteye yol acar. Ekonomi politikasinda sanayinin icerikten yoksunlasmasiysa mucadele genellikle hedefli yatirim tesvikelrini, ticaret koruma onlemlerini ve isgucunu yeniden yetistirme programlarini icerir.