Recent statistical advances suggest new ways of looking at growth accounting when global value chains (GVCs) are taken into consideration. The relative contribution of consumption, investment and net exports to economic growth are resized according to their net domestic value-added, discounting...

Being a form of territorial division of labor, economic specialization should be considered as a strategic management priority, contributing to a competitive territorial production structure and, consequently, regional economic growth. The article is devoted, firstly, to the development of a...

This paper argues that the single most important factor that explains East Asia's development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its...