assumption that an expanding export in other business and ICT services has been associated with offshoring services in the six … additional factors favouring nearshoring (as in CEE locations) over offshoring (e.g. India) and lists several factors besides …

Risk is inherent to the pursuit of opportunity. This paper surveys the recent literature and looks at the risks and … opportunities firms and their workers face in the global value chains. First, it examines the risk-sharing mechanisms that firms …

rates. Using the World Input-Output Database (WIOD) we employ the proposed indicators to shed new light on changes in cost …

labor-abundant country under both transaction-cost and property-rights theory approaches. The attractiveness of foreign …

US and Europe, incorporating the hidden costs of offshoring - including long-term risks and opportunities - in order to …, reflecting widespread fears in the US and elsewhere that outsourcing will lead to decreased income and job loss. In Europe … only in broad terms due to the lack of adequate data and representative statistics. However, the theory of comparative …

during the recent decades. At the same time, most of these countries experienced a rise in income dispersion. Against this … background, the paper analyzes empirically whether the observable changes in income distribution can be explained by the greater … market outcomes (transmission channels) and to test how these translate into a greater (or smaller) income inequality …

The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid … emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income … countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade …

investigated the impact of the presence of foreign firms on wages of workers from domestic firms. First, we found that the average … the cases of low-income countries and the service sector. Second, the average wage of workers from domestic firms that are … wages from foreign to domestic firms. Third, the presence of foreign firms is found to widen the wage gap between skilled …

GVC involvement—tend to employ more workers, pay higher wages, and employ more skilled workers than firms that deal … internationalised firms tending to hire more workers and pay higher wages in developing economies as well. We also find a positive …