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delocalization

delocalization

7.7
Moving jobs or production to another country to lower costs
  • noun
  • /ˌdiːloʊkəlaɪˈzeɪʃən/
  • Specialized
translation icon : deslocalización
  • The apostles of modernization, like Adam Smith, have traditionally applauded the benefits of delocalization, arguing that it is worth losing your roots to gain running water.

Examples

  • Many companies pursue delocalization to improve profits by eliminating high labor costs in their home countries.

  • The delocalization of tech jobs has led to cheaper services but also concerns about local employment.

  • The expansion of services and industry contributed to the delocalization of food production and distribution, which would allow for an increase in the variety and quantity of food available to the rural populations.

    Academic text (1992)
  • Changing tastes and technology also create dependency on external markets, a process called "delocalization" (Langdon 1986; Pelto 1978).

    Academic text (1992)
  • Delocalization can result in job loss for workers in the original region, sparking debates on economic policy.

Synonyms

offshoring
vsdelocalization
5 4.6

Moving a company's jobs to another country to save money or avoid rules

is broader, covering moves within a region as well as across countries
change of location
vsdelocalization
1 2.4

A move of something from one place to another

uses a technical sense that highlights moving production or services for cost reasons
transplacement
vsdelocalization
9.3

Moving something from one place to another, for example a machine

focuses on shifting production or jobs often to lower costs

Antonyms

localization
  • Specialized
3 4.1

Changing a product so it fits the language and ways of people in a country

How Local

to nearshore
  • Jargon
6.1
delocalization
  • Specialized
7.7
offshoring
5 4.6

Surface Forms

Morphology

delocalization = delocalize (semi-transparent) = de + local + ize + ation

This is a regular noun formation from the verb 'delocalize', naming the process or result of that action.

Etymology

Delocalization comes from de- 'away' and local 'place', the same root as location, so it literally means moving things away from a local area. That is why in business it describes companies sending production or jobs to other regions to save money.