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The main objective of this paper is to provide for more and better evidence allowing the examination of Brazil's position within Global Value Chain on leather & footwear Industry. To do so, we analyzed the pattern of international integration in Taiwan and Mexico as remarkable experiences for...
Persistent link: https://www.econbiz.de/10011372371
In this era of globalization we see an increase in specialization: the production chain issplit up in more and more parts and the production of these parts is outsourced to thoseplaces in the world where production is relatively cheapest and most efficient. Itimplies that transaction costs,...
Persistent link: https://www.econbiz.de/10010325952
This era of globalisation is characterized by an ongoing international fragmentation of production where the supply chain is split up in more and more parts. The traditional Ricardian theory of trade in products governed by comparative advantages is replaced by a modern theory of trade in tasks....
Persistent link: https://www.econbiz.de/10010326383
International trade and fragmentation of production lead to increased trade in intermediate goods. Increased multi-stage production promotes the formation of free-trade agreements (FTA). In this paper, the relationship between intermediates trade and FTAs is examined with a two-step Pseudo...
Persistent link: https://www.econbiz.de/10011714808
The impact of globalization on developing countries has been debated: While the "compensation hypothesis" suggests that globalization increases the need for public employees, the "efficiency hypothesis" states that the size of government should be smaller while competing with the world. We are...
Persistent link: https://www.econbiz.de/10011984436
The current economic crisis constitutes a serious test for the process of globalization. The purpose of this study is to analyze the influence of the current global crisis on economic globalization. To assess the impact of the current crisis on economic globalization, this paper examines the KOF...
Persistent link: https://www.econbiz.de/10012017110
The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on 158 economies over the period 2006−2014. The second intention is to use the new index to evaluate empirically the possible effects of globalization on economic growth and income...
Persistent link: https://www.econbiz.de/10012064751
This paper primarily examines whether Malaysia has had experienced any structural breaks in comparison with its main two trading partners, namely the USA and Japan in 1970s, 1980s, 1990s and 2000s. It also discusses the implications of such structural breaks to Malaysia's economic globalization...
Persistent link: https://www.econbiz.de/10011938312
This paper attempts to analyze the fact that is trade liberalization reducing poverty and income inequality in Pakistan using empirical evidence from time series data analysis. The issue of trade liberalization and its effects on the developing economies has become the hotly debated subject in...
Persistent link: https://www.econbiz.de/10011938371
Economic globalization has rapidly intensified the competition among businesses. Therefore, it is pivotal that SMEs follow competitive strategic positions and adopt strategic methods in order to confront the various challenges in this era. This study assessed the factors that determine the...
Persistent link: https://www.econbiz.de/10013199931