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Economic globalisation has given rise to two types of networks that stretch out across OECD and emerging economies. At the one side, global value chains (GVCs) can be thought of as the “material” transfers of goods and services (final as well as intermediate) across borders. At the other...
Persistent link: https://www.econbiz.de/10011632413
years. The world economy is facing a number of structural shifts that may dramatically change the outlook of GVCs in the …
Persistent link: https://www.econbiz.de/10011730151
Increased robot use, fuelled by price declines and the increased dexterity of these machines, is expected to affect existing/future production technologies and the organisation of production within GVCs. In order to safeguard their competitiveness in an increasingly digitalised global economy,...
Persistent link: https://www.econbiz.de/10011822143