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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 determinant. Because manufacture production is internationally fragmented, adverse external shocks affect firms not only through...
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In this paper we analyse the role of the international trade network for the strength of the global recession across … countries. The novelty of our paper is the use of value-added trade data to capture the importance of trade network structure …. We estimate with BMA techniques how far network indicators measuring interlinkages in terms of value added trade has …
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International trade increased rapidly after 1990, fueled by the growth of a complex network of global value chains …. Financial globalization gathered force. Trade globalization, however, reversed course since the Global Financial Crisis. The new … financial globalization …
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International trade increased rapidly after 1990, fueled by the growth of a complex network of global value chains …. Financial globalization gathered force. Trade globalization, however, reversed course since the Global Financial Crisis. The new … financial globalization …
Persistent link: https://www.econbiz.de/10014243367