Restructuring refers to the re-organization and rationalization of administration and production in both public and private sectors. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. Understanding of the processes of global restructuring and their consequences for urban and regional development is necessary and important.
In the public sector restructuring has been encouraged by growing deficits, in the private sector cost cutting and reorganization has been encouraged by high interest rates, recession and lower corporate profit margins.
Restructuring is the management term for the act of reorganizing the ownership, operational, or other structures of a company for making it more profitable, or better organized. Restructuring may be necessitated by a change of ownership or ownership structure, bankruptcy, repositioning, or buyout.
ORGANIZATIONAL RESTRUCTURING AND ITS CONSEQUENCES: Rhetorical and Structural - Paul M. Hirsch, Kellogg School of Management - Michaela De Soucey, Department of Sociology, Northwestern University - Annual Review of Sociology, Vol. 32.
We examine the idea of organizational restructuring as a conceptual tool and how it has been used to alter societal definitions and interpretations of employment. Although use of the term restructuring is relatively recent, the broad issue of changing employment conditions with which it is concerned has a long history, going back to the industrial revolution.
Causes and consequences of restructuring, in its more recent rhetorical and structural versions. In their pursuit of greater efficiencies, organizations adapt to the demands of increasingly global markets, and these adaptations are crucial components of what is popularly referred to as the new economy.
THROUGH TECHNOLOGICAL PLURALISM - T. K. Oommen - International
Sociology, Vol. 7, No. 1992 International Sociological Association
Abstract: An attempt to understand and analyse the relationship between technology and development must focus attention on human actions within the framework of societal priorities and social values. World history as well as present-day international development show the necessity of finding a viable praxis for what the author calls `Appropriate Technologies'.
Rediscovering Families and Households: Restructuring Rural Society and Rural Sociology. Bokemeier, Janet L. - Rural Sociology, v62 n1 p1-20 Spr 1997.
Abstract: Extends the debate on rural restructuring by redefining families and households and their study; by considering the contributions of family scholarship to rural sociological issues; by assessing the methodological implications and challenges of integrating a family focus in rural sociology; and by reengaging rural sociology around important policy issues.
Global Restructuring and Territorial Development.
Edited by: Jeffrey Henderson University of Manchester, UK.
Manuel Castells History, University of California, Berkeley.
Description: This original collection builds towards a new theory of spatial development, in the context of a new and dynamic era of capitalism. Economic restructuring is no longer limited to the nation-state, but is now seen on a global level.
This exceptional work makes an important contribution to our understanding of both the processes of global restructuring and their consequences for urban and regional development. It will be essential reading for scholars and students in sociology, economics, political science, human geography, planning, urban and regional studies, and development studies.