In that sense it's no surprise that every industrial boom--from oil in the 19th century, to autos in the early 20th, to technology in the late 20th century--was largely characterized by American entrepreneurs.
And, for the moment, "Dutch Disease" is a real concern: a hollowing out of Brazil's industrial sector, as the boom in commodities (plus a hugely competitive China) gradually prices them out of world markets, and the Brazilian one.
They fail to address the larger structural problems with our current socioeconomic system, and more than that, they fail to capitalize on the emerging cleantech boom that some call the Second Industrial Revolution.
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The other big industrial expansion revolves around the unconventional oil and gas boom.
Its industrial-growth model has closely resembled Japan's in its post-war boom, rising on the same tide of an expanding workforce and export-led productivity gains.
Like a number of employees, Mr. Wang said he was frustrated because he has already spent five months in Taiyuan, and still has no certainty about when he can return to the boom town of Shenzhen, which he prefers to the more provincial, industrial city of Taiyuan.
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By a happy accident, this concentrated industrial activity in the regions where coal was readily available, and a potato-driven population boom provided ample workers for the new factories.
But the bank said higher interest rates were likely to affect Scotland less than the wider UK economy, with the country's solid industrial base supporting economic expansion during the coming year, as the rising cost of borrowing subdues the boom in public spending.
Furthermore, oil-dependent governments, facing a population boom and realizing that they need to diversify their economy to create jobs and wealth, are subsidizing the industrial sector to manufacture plastics, chemicals and aluminum, all energy-intensive goods.
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