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New sectors of commerce may soon take its place.
During normal times, industries decline and grow, and displaced workers move to new sectors.
But the law will slash tax rates for new investments and allow foreigners into new sectors of the economy.
Mr. Diffley of Global Insight said that many regions were trying to brand themselves as leaders in new sectors.
In 2014, the government auctioned off new sectors of its Amazon territory, much of it to Chinese firms.
Similarly today, departures may make it possible for new sectors and new mixes of talent to emerge in Lower Manhattan.
But there is huge potential to grow this further and to expand our co-operation across new sectors.
"The consequences include improved infrastructural standards and new sectors of growth," explain Monica Umunna and Ore Disu.
A triumphalist press release issued for Labour Day lists the new sectors to be converted: state employees, building workers, strawberry-pickers.
Moreover, the advent of printing at mid-century and the contemporaneous upsurge of publication in the vernacular brought new sectors of society under humanistic influence.
METI, once famous for directing Japan's statist industrial policy, still directs plenty of subsidies and tax breaks towards new sectors it deems promising.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com