In theory, e-commerce marketplaces connect buyers and sellers, open trade opportunities, and reduce transaction costs thereby creating opportunities for more inclusive trade and even GVC participation, especially for micro, small and medium-sized enterprises (MSMEs). Further, there is some...

This paper examines the development of Vietnam’s services sector in terms of economic liberalization and global value chain (GVC) activities. In particular, the analysis focuses on the growth of e-commerce services. The study uses domestic Input-Output tables and the TiVA database to identify...

This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis that sectoral shocks are at the root of merger waves....