The exit from the crisis and the adaptation of traditional production systems to the new conditions of the economy

Authors

  • Απόστολος Π. Παπαδούλης

DOI:

https://doi.org/10.26266/jtovol20pp5-24

Keywords:

De-industrialization crisis, Production systems, Economy

Abstract

The conditions which prevail for the successful exit from the (de-industrialization crisis and the adaptation of traditional production systems to the facts of the new economy are a subject of discussion and investigation in the last few years. Special emphasis is given to the inflow, in these systems, of the elements of flexibility and specialization, as means of strengthening their endurance to competition, and to the gradual distancing from the Ford model, which seems to be failing to respond tο the conditions of globalization. In this project an attempt is made to explore the conditions which prevailed, in the era immediately following the de-industrialization crisis, in the production system of the Magnesia Prefecture and, especially, in the restructuring and the adaptations it underwent in order to regain the abilities of facing the new conditions of competition of the free market.

Published

2015-10-16

Issue

Section

Articles