Showing 1 - 10 of 31
The geographical fragmentation of industrial production alters many of the stylized facts on which trade and trade-and-development models are based, with profound economic and social implications at home. The coexistence of three interconnected dimensions – product, income and finance – has...
Persistent link: https://www.econbiz.de/10013019589
The raise of global value chains, closely knitting together firms from many different countries, changed the nature of trade and the relevance of established models and corresponding statistical indicators. What was initially an innovation in business management became so successful that it...
Persistent link: https://www.econbiz.de/10014039048
Vertical integration of production processes at international level and the resulting fragmentation of the value chains increasingly question the relevance of traditional trade indicators. Intermediate productions are increasingly offshored within these global value chains, giving place to what...
Persistent link: https://www.econbiz.de/10015216402
Global supply chains reshaped international trade since the end 1980s. Their role in explaining the trade collapse that followed the financial crisis of September 2008 was determinant. Because production is internationally diversified, adverse external shocks affect firms not only through final...
Persistent link: https://www.econbiz.de/10015218861
Global supply chains reshaped international trade since the end 1980s and their role in the trade collapse that followed the financial crisis of September 2008 was determinant. Because production is now internationally diversified, adverse external shocks affect firms not only through final...
Persistent link: https://www.econbiz.de/10015218944
This background paper provides a general picture of the characteristics and dynamics of Global Value Chains (GVC) in the Commonwealth countries. The main building blocks of the empirical analysis are based on a measure of inter-industrial linkages between and across between 43 of the 53...
Persistent link: https://www.econbiz.de/10015226078
Global supply chains reshaped international trade since the 1980s. Their role in explaining the trade collapse that followed the financial crisis of September 2008 was significant. Because manufacture production is internationally fragmented, adverse external shocks affect firms not only through...
Persistent link: https://www.econbiz.de/10015227544
LDCs' trade patterns changed in the past decade, thanks to the rebalancing of global demand towards large emerging countries and the resulting cycle of high international commodity prices. This process led to a wider geographical diversification of LDCs' exports but contributed also to a greater...
Persistent link: https://www.econbiz.de/10015239957
The paper uses exploratory data analysis to propose a typology of exporters according to the value-added content of their exports as well as other economic and trade policy characteristics. In the process, it defines clusters of countries according to the multi-dimensional criteria defined by...
Persistent link: https://www.econbiz.de/10015243309
Notwithstanding some progress in market and product diversification - including services - LDCs remain particularly vulnerable to external shocks. With the exception of 2006-2008, the LDCs as a group have systematically recorded a trade deficit. The 2008-2009 global crisis and the bumpy recovery...
Persistent link: https://www.econbiz.de/10010330200