Reconversion of industrial areas
Introduction
Industrial reconversion, in the context of emerging from the crisis of 1973, are a set of policies for the reconversion of the primary sector and the secondary sector simultaneously and with higher priority than reindustrialization, which lasted throughout the 1980s, both being the two aspects of a joint process of industrial restructuring. It can be defined as the adoption of economic policy measures to try to help supply and demand converge in the market in sectors in crisis.
It is the policy adopted to tackle a supposed industrial crisis. It has two complementary aspects: the first is the industrial limitation of companies in crisis, with measures such as the reduction of production and staff, financial sanitation, new organization and management systems, etc. The second aspect is reindustrialization through technological modernization, which is distinguished into branches of high technology and added value (computer science, electronics, aeronautics...) and medium-high technology (automobiles, machinery, electrical equipment...) of viable sectors and the creation of future activities that diversify the industry. Both actions were addressed with state, financial, fiscal and labor aid; The ZUR (Zones of Urgent Reindustrialization) and the ZID (Industrialized Zones in Decline) were created. This second aspect translated into the reduction of industrial employment and its contribution to the economy, to the benefit of the tertiary sector.
Responding to the general approach set by the OECD since 1975 for its application to the economies of industrialized countries, it was intended to be an intensive and short-term shock treatment, which would reform the industries most affected by the crisis to guarantee their competitiveness. An attempt was made to adjust supply to demand by eliminating excess capacity, closing facilities and adjusting workforces with all types of measures (temporary employment regulation, permanent layoffs, early retirement, etc.).
With a view to future production, the industrial units that remain should adapt to the new technological cycle and the market, reorienting themselves towards products of greater demand, without trying to compete in the "mature" sectors, both heavy (steel, shipbuilding, mining) and light (textile), with the lowest labor costs of the new industrialized countries; and applying new systems of organization and management.