Industries

Sunrise vs Sunset Industries and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Sunrise vs Sunset Industries. The term “sunrise” refers to industries with the greatest potential for growth and international competitiveness, often associated with high technology. In contrast, the term “sunset” is often applied to mature or basic industries such as steel, automobiles, glass, rubber, and textiles. No precise delineation of the two categories exists. Moreover, there is no reason why an industry (or segments thereof) might not move from one category to another over time.

Related Fields

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Industry

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Industrial Unionism

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Labor Law

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Industrial Disputes

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Business Law

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Electronics

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Agro-Industrial Complex

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Deindustrialization

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Industrial Action

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Industrial Policy

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Industrial Law

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Industrialization

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Industrialized Countries

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Employment Law

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Industrial Injuries

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Business Law

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Publishing

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