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Since the outbreak of the COVID-19 pandemic there has been a discussion among researchers and policy makers about changes to global value chains, both about expected changes and changes that should be promoted by government policies. In this paper we conduct an in-depth analysis of the reasons...
Persistent link: https://www.econbiz.de/10012884410
A collection of papers by some of the world’s leading specialists on global value chains (GVCs). It examines how GVCs … have evolved and the challenges they face in a rapidly changing world. The approach is multidisciplinary, with …
Persistent link: https://www.econbiz.de/10013544578
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The WTO Secretariat has published a new information note warning of possible increases to trade costs due to COVID-19 disruptions. The note examines the pandemic’s impact on key components of trade costs, particularly those relating to travel and transport, trade policy, uncertainty, and...
Persistent link: https://www.econbiz.de/10012882942
It has sometimes been argued that "globalization" benefits only a small number of countries, and that this leads to … greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater …, marginalization is not intrinsic to globalization. Key Words: Globalization, international trade and investment flows concentration. …
Persistent link: https://www.econbiz.de/10012884304
Proper measurement and aggregation of trade costs is of paramount importance for sound academic and policy analysis of the determinants - particularly those of policy - of economic outcomes. The international trade profession has witnessed signifcant new developments, both on the theoretical and...
Persistent link: https://www.econbiz.de/10012884398
The theme of this year’s Report is “Trade in a Globalizing World”. The Report provides a reminder of what we know about … range of interlinking questions, starting with a consideration of what constitutes globalization, what drives it, what … benefits does it bring, what challenges does it pose and what role does trade play in this world of ever-growing inter …
Persistent link: https://www.econbiz.de/10013544492