ABSTRACT
This chapter attempts to bring together the main arguments regarding the four dimensions of the delocalization challenge. It discusses a special emphasis on exploring the possible scope and avenues for action, and aims to inform policy decision-making at different levels. Industrial activity is becoming increasingly mobile – within as well as between states. Delocalization from one European country to another might be seen as a relocation from one part of Europe to another which will enhance its integration. The delocalization process is going to converge the industrial structure and, at the same time, make an impact on convergence in terms of Gross Domestic Product per capita. In delocalization there is an element of regulation coming from the consumers in industrialized countries that may avoid ultimately the worst excesses of capitalism. The delocalization process, explored by social scientists and addressed by policymakers at different levels, is a complex and continuously evolving phenomenon.
