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De-industrialization and re-industrialization in the Middle East

Reflections on the cotton industry in Egypt and in the Izmir region

Bibliographic Data

ID3385966
AuthorsLaura Panza (0000-0003-1454-4669, School of Economics University of Melbourne, corresponding author)
Year2014
Volume67
Issue1
Pages146-169
Publication date2014-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic History Review (JOURNAL)
Journal identifiersISSN: 0013-0117 • E-ISSN: 1468-0289
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1468-0289.12019
OpenAlexW1543258899
LanguageEN
Citations received8
References cited28

This article presents an investigation of the process of decline and rebirth of textile manufacturing in two Middle Eastern regions, Egypt and the Izmir region, during the first wave of globalization (1850-1914). Through the application of the 'Dutch disease' model, it explores the linkages between terms of trade and industrialization. These are further related to the evolution of price transmission between domestic and global raw cotton markets. Findings indicate that different levels of market integration have contributed to diverging trajectories in industrial development in the two regions: while in Egypt the process of de-industrialization was not reversed, in the Izmir region weaker international price transmission facilitated the creation of a nascent domestic textile industry. However, terms of trade patterns and relative price movements are only one of the causes that can explain the differences between the two regions

Business · Economic geography · Economics · Economy · Geography · Globalization · Industrialisation · Market economy · Textile industry · Global trade and economics · Historical Economic and Social Studies · Natural Resources and Economic Development

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Unique citing works8
Citations per year0,73
Citation span2015 - 2023 (9)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 7

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