Ho K C, 1993, "Industrial restructuring and the dynamics of city-state adjustments" Environment and Planning A 25(1) 47 – 62
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Industrial restructuring and the dynamics of city-state adjustments
K C Ho
Received 20 September 1991; in revised form 19 December 1991
Abstract. This paper directs attention to the rapid industrial changes experienced by the city state in the past thirty years and the problems associated with a maturing economy. To provide a deeper understanding of the adjustment process, the analysis is done within the context of firm, state, and labour interactions. The analysis indicates that with land and labour resources becoming fully utilised, the city-state adjusts to the requirements of international capital by increasing the regional, technical, and sectoral division of labour.
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