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known as the "flying geese" paradigm. Greenfield foreign direct investment decisions constitute a forward-looking indicator … of where production is expected, rather than trade flows that reflect past investment decisions. Exploiting differences … investment growth from high-income countries to low- and middle-income countries over 2004-15. Past a threshold, however …
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The spread of global value chains (GVCs) has given rise to new statistical tools, the Inter-Country Input-Output tables and new analytical frameworks aimed at properly identifying production linkages between and within economies. However, several important questions remain unaddressed. This...
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Recent work on China's accession to the World Trade Organizations pays little attention to the wave of reforms in China in the 1980s and 1990s. These reforms created the preconditions for accession and strongly influenced its outcomes. The preeminence of processing trade at the time of accession...
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