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The emergence of integrative trade and global value chains (GVCs) over the past 20 years has changed the competitive landscape in international goods and services markets. Competition in many lines of businesses, particularly in the manufacturing sector, is now taking place more at a value chain...
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of the world economy. An increasing number of firms, countries and other economic actors take part in today's global … to produce goods and services and export these to the rest of world (Sturgeon and Gereffi, 2009). Countries just like …
Persistent link: https://www.econbiz.de/10013097571
This research volume is concerned with the causes and consequences of global value chains — the fragmentation of production across firms and international boundaries. Figure 1 provides a schema for thinking about these phenomena. The total value of inputs used in producing a given level of...
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service involves many steps and increasingly these steps are separable and can be located anywhere in the world based on where …
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second unbundling (Baldwin, 2006; 2009) is among the most important features of modern globalization. Basic economic theory …
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The circular economy model enables businesses to incorporate regenerative manufacturing systems that use closed-loop resources to achieve economic and environmental sustainability. The work focuses on the circular economy’s competitive advantage from the multinationals apparel industry’s...
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Since the 1960s, Germany has established itself as European manufacturing centre, and its export of goods made in Germany has become a pillar of its economic post-war success. In recent years, many German firms have further deepened their international involvements with links to global value...
Persistent link: https://www.econbiz.de/10014163488