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This paper presents evidence of the importance of electronics global value chains (GVCs) in the global economy, and discusses the effects of the recent economic crisis on the industry. The analysis focuses on how information is exchanged and introduces the concept of "value chain modularity."...
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Growth in U.S. manufacturing’s real value-added has exceeded that of aggregate GDP, except during recessions, leading many to conclude that the sector is healthy and that the 30 percent decline in manufacturing employment since 2000 is largely the consequence of automation. The robust growth...
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After the economic success of East Asian economies such as Japan, South Korea, Hong Kong and Taiwan, many countries in the region copied the economic formula of developing export-oriented manufacturing industries, attracting foreign direct investment (FDI), integrating into and moving up global...
Persistent link: https://www.econbiz.de/10012821560
This paper presents evidence of the importance of electronics global value chains (GVCs) in the global economy, and discusses the effects of the recent economic crisis on the industry. The analysis focuses on how information is exchanged and introduces the concept of "value chain modularity."...
Persistent link: https://www.econbiz.de/10012976377