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Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.
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This paper discusses the growing dimensions of the offshoring of service activities both in manufacturing and service … industries. Trade in Value-Added data implies a great potential of service offshoring for global welfare, however, the negative …
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The UN Commission on Transnational Corporations which was appointed by ECOSOC will have its next meeting in May. An Intergovernmental Working Group will have held ten sessions by then and present a draft Code of Conduct dealing with transnational corporations. (For a review of the state of...
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