sectoral reallocation
[sek-TOR-ul ree-al-oh-KAY-shun]
nounpl: sectoral reallocations
realocação setorial
1. The process of redistributing resources, labor, capital, or production across different economic sectors (agriculture, manufacturing, services, technology, etc.)
The sectoral reallocation of labor from manufacturing to services accelerated during the economic transition.
A realocação setorial de mão de obra da manufatura para serviços acelerou durante a transição econômica.
2. Economic shift where workers or investments move from one industry to another in response to market changes, technological innovation, or policy reforms
Sectoral reallocation was necessary after automation reduced demand in the textile industry.
A realocação setorial foi necessária após a automação reduzir a demanda na indústria têxtil.
3. Structural economic change reflecting the composition transformation of an economy's productive sectors over time
Brazil experienced significant sectoral reallocation as it moved from an agricultural to a service-based economy.
O Brasil experimentou uma realocação setorial significativa ao transitar de uma economia agrícola para uma baseada em serviços.
This term is primarily used in economic, academic, and policy contexts in both Brazil and Portugal. In Brazil, it became particularly relevant during discussions of industrial development, the 1990s-2000s economic reforms, and the transition toward a service-based economy. Portuguese economists use the term when analyzing EU structural changes and labor market policies. The concept reflects broader development theory and is frequently cited in debates about technological disruption and the future of work.
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