reindustrialisation
/ˌriːɪnˌdʌstriəlaɪˈzeɪʃən/
Definition
The process of revitalizing or expanding a region's industrial base, specifically reframed here to focus on sustainable, resource-efficient production rather than traditional, high-consumption manufacturing.
Etymology
Derived from the prefix 're-' (again) combined with 'industrialisation,' which stems from the Latin 'industria' (diligence or activity). The term emerged to describe the restorative economic shift of rebuilding manufacturing capacity that had previously declined.
In the news
In this article, the author argues that Europe must undergo reindustrialisation to regain competitiveness while ensuring this growth remains compatible with environmental limits and circular economy goals.
Europe must turn circularity into industrial policy, says EESC’s Lohan
Read the full article ↗euractiv.com